BGA has been on our radar of late as it pushes towards fresh 4-month highs plus considering its AGM was in October it’s unlikely that any bad news is lurking around the corner. The dairy business has been growing revenue encouragingly even while the disrupted Diagou channel has seen a softening of demand for its infant formula. Following the successful takeover of Lion Dairy and Drinks the revenue for the BGA business is now around $3bn, we like the companies profile moving forward.
MM likes BGA around $5.70
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