Australia's Nufarm gains as Morningstar remains upbeat on half-year earnings

Morningstar

29/05/2026 06:27

** Shares of Nufarm NUF.AX rise as much as 3.5% to A$3, hitting their highest since May 21
** Stock on track for five straight sessions of gains
** Morningstar notes agribusiness firm's strong first-half improvement
** Says Morningstar also sees great potential in its Seed Technologies business for substantial growth from a low base and re-prioritised strategy
** Adds investment research firm's fair value estimate of A$3.5 stands
** Stock on track to rise 23.6% for the week, its strongest weekly move since early February 2022
** Nufarm up 27.2% YTD, including the day's moves

 (Reporting by Nikita Maria Jino in Bengaluru)
 ((Nikita.Jino@thomsonreuters.com;))