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UBS lowers DGL price target as stock dips to new low

New Zealand-founded, ASX-listed chemicals group reported a drop in earnings last week.

UBS has lowered its 12-month price target for shares in ASX-listed chemicals group DGL following a flat financial result in challenging conditions.

Last week, the New Zealand-founded company reported its revenue for the year ended June 30, 2024, which showed it was flat year-on-year at A$466.1

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Hamish McNicol Tue, 03 Sep 2024
Contact the Writer: Hmcnicol@nbr.co.nz
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UBS lowers DGL price target as stock dips to new low
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