China Mengniu Dairy Co Ltd traded at 16.34 this Monday February 23rd, decreasing 0.33 or 1.98 percent since the previous trading session. Looking back, over the last four weeks, China Mengniu Dairy lost 5.69 percent. Over the last 12 months, its price fell by 6.20 percent. Looking ahead, we forecast China Mengniu Dairy Co Ltd to be priced at 16.00 by the end of this quarter and at 14.15 in one year, according to Trading Economics global macro models projections and analysts expectations.
China Mengniu Dairy Company Limited is an investment holding company principally engaged in the manufacture and distribution of quality dairy products in China. The products include liquid milk products (such as milk beverages and yogurt), ice cream, milk formula and other products (such as cheese). The Company's subsidiaries include Mengniu (China) Investment Company Limited, China Mengniu International Co., Ltd. and Plant Base Limited. Through its subsidiaries, the Company is also engaged in the manufacture and sale of plant-based beverages.