a2 Milk (OTCMKTS:ACOPF – Get Free Report) is expected to post its resultson Sunday, August 16th. Analysts expect the company to post earnings of $0.0725 per share and revenue of $555.0550 million for the quarter.
a2 Milk Stock Performance
Shares of ACOPF stock opened at $4.55 on Friday. The firm has a fifty day simple moving average of $4.50 and a 200-day simple moving average of $5.32. a2 Milk has a twelve month low of $3.65 and a twelve month high of $6.86.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group initiated coverage on shares of a2 Milk in a report on Tuesday, June 23rd. They issued a “buy” rating and a $7.90 price objective on the stock. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $7.90.
About a2 Milk
a2 Milk Company is a producer and marketer of branded dairy and nutritional products, distinguished by its focus on milk containing only the A2 type of beta‐casein protein. Headquartered in Auckland, New Zealand, the company markets a portfolio that includes fresh milk, milk powders, infant formula, cream and butter under the “a2” brand. Its product formulas are designed to cater to consumers who seek alternatives to conventional milk proteins, with research suggesting potential digestive benefits associated with A2 protein consumption.
Since its founding in 2000 by Dr.
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