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What today's dairy auction means for 2021/22 NZ milk price forecast


What today s dairy auction means for 2021/22 NZ milk price forecast
5 May, 2021 05:35 AM
3 minutes to read
Today s dairy auction has reinforced high milk price forecasts. Photo / Supplied
Dairy prices dipped a little at this morning s dairy auction but they have mostly remained elevated, thereby confirming the high farmgate milk price forecasts, analysts said.
Westpac senior agri economist Nathan Penny said the result
was consistent with the bank s 2020/21 milk price forecast of $7.90/kg.
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Similarly, the result means that global dairy prices remain on the front foot heading into the new dairy season, he said.
After the previous auction late last month, Penny lifted his forecast for the upcoming 2021/22 milk to $8.00/kg. ....

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midcap stocks: Select mid-caps see price target upgrades despite macro worries


Select mid-caps see price target upgrades despite macro worries
KPIT Technologies’ target price has increased by 39 per cent in one month after the company reported strong March quarter numbers.
Synopsis
For analysts, upgrading earnings of companies and raising price targets are getting difficult with the outlook turning hazy amid the second wave of Covid-19 gripping the country. But, there are a few mid-cap stocks in which analysts have felt confident to raise their price targets.
MUMBAI: With the March quarter earnings season throwing up fewer surprises for investors so far compared to the previous two, the action is increasingly turning stock-specific. For analysts, upgrading earnings of companies and raising price targets are getting difficult with the outlook turning hazy amid the second wave of Covid-19 gripping the country. But, there are a few mid-cap stocks in which analysts have felt confident to raise their ....

Sterlite Technologies , Price Target Upgrades , Midcap Stocks , March Quarter Earnings Season , Jsw Energy , ஸ்டெர்லைட் தொழில்நுட்பங்கள் , ஜுசுவ் ஆற்றல் ,