Australia's Inghams gains; Bell Potter asks to buy amid share price hang

Inghams

01/07/2024 04:31

** Shares of Australia's Inghams Group  ING.AX  rise 1.1% to
A$3.7 
    ** The poultry producer's share price has dropped around 10%
since the discovery of avian flu in certain regions of Australia
    ** Analysts at Bell Potter see this as a buying opportunity
for investors of the ING stock
    ** Bell Potter has a 'Buy' rating on stock and a PT of
A$4.35
    ** Continue to see ING as reasonable buying at current
levels - brokerage
    ** Stock has fallen 8.6% this year, as of last close 

 (Reporting by Rishav Chatterjee in Bengaluru)
 ((Rishav.Chatterjee@thomsonreuters.com;))