Bega Cheese Ltd Now Covered by Bell Potter (BGA)
Equities researchers at Bell Potter began coverage on shares of Bega Cheese Ltd (ASX:BGA) in a research report issued on Monday, Stock Ratings Network.com reports. The firm set a “buy” rating and a $3.80 price target on the stock.
Bega Cheese Ltd (ASX:BGA) traded up 1.04% during mid-day trading on Monday, hitting A$3.870. The stock had a trading volume of 294,948 shares. Bega Cheese Ltd has a one year low of A$1.570 and a one year high of A$3.490. The stock’s 50-day moving average is A$2.92 and its 200-day moving average is A$2.76.
Bega Cheese Limited is engaged in receiving, processing, manufacturing and distributing dairy and associated products.
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