BUZZ-Australia's Graincorp gains most in two weeks; Macquarie lowers PT on dour outlook

Reuters

2025/02/14

BUZZ-Australia's Graincorp gains most in two weeks; <a href="https://laohu8.com/S/MQG.AU">Macquarie</a> lowers PT on dour outlook

** Shares of Graincorp GNC.AX rise as much as 2.9% to A$7.2, their biggest intraday pct gain since December 17, 2024

** Co's shares track positive sentiment in Australian markets, with the S&P/ASX 200 .AXJO having hit a record high earlier in the day

** Shares hit one-year low in the previous session after co forecast lower-than-expected earnings for FY25

** Macquarie lowers stock's price target to A$8.76 from A$9.85, accounting for lower FY25 earnings estimates

** Six of eight analysts rate the stock "buy" or higher, two "hold"; their median PT is A$8.91 – according to data compiled by LSEG

** Stock rose 21.7% in 2024

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com;))

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<a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> lowers PT on dour outlook </title></head><body><p>** Shares of Graincorp <span>GNC.AX</span> rise as much as 2.9% to A$7.2, their biggest intraday pct gain since December 17, 2024</p><p>** Co's shares track positive sentiment in Australian markets, with the S&amp;P/ASX 200 <span>.AXJO</span> having hit a record high earlier in the day</p><p>** Shares hit one-year low in the previous session after co <span>forecast</span> lower-than-expected earnings for FY25</p><p>** Macquarie lowers stock's price target to A$8.76 from A$9.85, accounting for lower FY25 earnings estimates</p><p>** Six of eight analysts rate the stock \"buy\" or higher, two \"hold\"; their median PT is A$8.91 – according to data compiled by LSEG</p><p>** Stock rose 21.7% in 2024</p><p> (Reporting by Nichiket Sunil in Bengaluru)</p><p> ((Nichiket.Sunil@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7505","symbol_name":"食品股","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250214:nL4N3P506Q:1","article_id":"2511685781","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2511685781","pubTimestamp":1739498616,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Australia's Graincorp gains most in two weeks; 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