The a2 Milk Company Limited (OTCMKTS:ACOPF – Get Free Report)’s stock price fell 6.9% during mid-day trading on Monday . The stock traded as low as $4.70 and last traded at $4.70. Approximately 2,004 shares changed hands during trading, an increase of 19% from the average session volume of 1,690 shares. The stock had previously closed at $5.05.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group assumed coverage on a2 Milk in a report on Tuesday, June 23rd. They set a “buy” rating and a $7.90 price objective on the stock. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $7.90.
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a2 Milk Stock Down 6.9%
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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