Broker slaps sell rating on Fonterra

Fonterra's volatile earnings combined with higher input costs has led broker Forsyth Barr to issue a “sell” recommendation on units in the cooperative's shareholders' fund.

Duncan Bridgeman
Wed, 31 Jul 2013

Fonterra’s volatile earnings forecasts combined with higher input costs has led broker Forsyth Barr to issue a “sell” recommendation on units in the cooperative’s shareholders’ fund.

The world’s largest exporter of dairy products last week disappointed the market in saying this year’s

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