Australian Agricultural Company traded at 1.32 this Friday February 6th, decreasing 0.01 or 0.75 percent since the previous trading session. Looking back, over the last four weeks, Australian Agricultural Company lost 4.35 percent. Over the last 12 months, its price fell by 6.38 percent. Looking ahead, we forecast Australian Agricultural Company to be priced at 1.33 by the end of this quarter and at 1.25 in one year, according to Trading Economics global macro models projections and analysts expectations.
Australian Agricultural Company Limited is an Australia-based cattle and beef producer. The Company’s principal activity consists of sales and marketing of beef into global markets. It is also engaged in production of beef, including breeding, backgrounding and feed lotting. The Company brands include Westholme and Darling Downs. It is also engaged in development of pastoral properties. The Company operates a cattle production system across approximately 19 owned cattle stations, over 3 leased stations, approximately 3 agisted properties, over 2 owned feedlots, and approximately 2 owned farms located throughout Queensland and the Northern Territory. The Company subsidiaries include A. A. Company Pty Ltd, Austcattle Holdings Pty Ltd, A. A. & P. Joint Holdings Pty Ltd, Shillong Pty Ltd, Wondoola Pty Ltd and Waxahachie Pty Ltd.