Court ruling favours Australia’s Bega Cheese in dairy giant Fonterra’s trademark dispute By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 28 2025
0mins
Source: Investing.com
Court Ruling on Trademark Dispute: The Supreme Court of New South Wales dismissed Fonterra's case against Bega Cheese regarding trademark licensing agreements, which may complicate Fonterra's divestment plans for its Oceania unit.
Market Reaction and Future Plans: Following the ruling, Bega Cheese's shares rose by 1.9%, and Bega Group expressed interest in acquiring Fonterra's Oceania businesses as part of their ongoing discussions.
Analyst Views on FCG
Wall Street analysts forecast FCG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FCG is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 24.400
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Current: 24.400
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
