date:Jul 19, 2012
85p target price.
Shore Capital noted that pressure in the dairy sector meant that the firm was definitely notcreaming it.
Analysts Clive Black and Darren Shirley said:Dairy Crest has announcedthe reduction in the milk purchase price (along with the whole trade) among a broad spectrum of activities.
Lower farm gate prices should provide some respite to a beleaguered divisional PL[profit and loss]where pain is not restricted to the farm gate with costs being cut across the board.
Let no one b