China Mengniu Dairy Co Ltd traded at 17.67 this Friday February 6th, increasing 0.52 or 3.03 percent since the previous trading session. Looking back, over the last four weeks, China Mengniu Dairy gained 14.30 percent. Over the last 12 months, its price rose by 16.25 percent. Looking ahead, we forecast China Mengniu Dairy Co Ltd to be priced at 15.64 by the end of this quarter and at 13.80 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.