Shares of The a2 Milk Company Limited (OTCMKTS:ACOPF – Get Free Report) were down 6.9% on Monday . The company traded as low as $4.70 and last traded at $4.70. Approximately 2,004 shares traded hands during mid-day trading, an increase of 19% from the average session volume of 1,690 shares. The stock had previously closed at $5.05.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group assumed coverage on a2 Milk in a research note on Tuesday, June 23rd. They issued a “buy” rating and a $7.90 price target on the stock. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $7.90.
View Our Latest Stock Analysis on ACOPF
a2 Milk Stock Down 6.9%
a2 Milk Company Profile
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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