Almond Price Impact on Select Harvests Is Hard to Quantify -- Market Talk
Dow Jones
Jul 18, 2025
0123 GMT - Wilsons analysts say it will be hard to quantify the impact on Select Harvests of recent almond price weakness on the nut farmer. With the Australia-listed company opting against reaffirming annual price guidance, analyst James Ferrier and Declan Carroll say that sharp drops in spot almond prices over the past week introduce earnings risk. However, they tell clients in a note that price volatility and differences across variety and grade make it hard to nail down the impact. They maintain a market-weight recommendation for Select Harvests for now. Wilsons cuts its target price 17% to A$4.02. Shares are down 3.3% at A$3.79. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
July 17, 2025 21:23 ET (01:23 GMT)
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