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Graincorp Limited Class A (GRCLF) Gets a Buy from RBC Capital


Graincorp Limited Class A (GRCLF) Gets a Buy from RBC Capital

According to TipRanks, Birrell is a 3-star analyst with an average return of 1.7% and a 51.69% success rate. Birrell covers the Industrials sector, focusing on stocks such as Brambles Limited, Graincorp Limited Class A, and Atlas Arteria.

Graincorp Limited Class A has an analyst consensus of Moderate Buy, with a price target consensus of $6.54, implying a 25.29% upside from current levels. In a report released yesterday, UBS also maintained a Buy rating on the stock with a A$9.60 price target.

The company has a one-year high of $6.81 and a one-year low of $4.51. Currently, Graincorp Limited Class A has an average volume of 2,376.

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Graincorp Limited Class A (GRCLF) Company Description:

GrainCorp Ltd. engages in agribusiness with operations in food supply chain. It operates through the following segments: Grains, Malt and Oils. The Grains segment operates as two separate business units-Storage & Logistics and Marketing. The Grains segment includes grain receivals, transport, testing, storage of grains, marketing of grains & agricultural products, and the operation of grain pools. The Malt segment includes production of malt products, provision of brewing inputs and malting services to brewers and distillers. The Oils segment include processing and crushing of oilseeds, supplying edible oils and feeds, operating bulk liquid port terminals, storage, packaging, transport and logistics operations. The company was founded in 1916 and is headquartered in Sydney, Australia.

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