Lion Nathan (LNN) Shares Recommendation

Merrill Lynch has given the Lion Nathan (LNN) stock a Neutral, Medium Risk recommendation. The broker notes that because LNN in is a period of transformation, the company will ensure a period of only modest single-digit growth as it attempts to address brand mix and costs that could last 2 to 3 years.

Lion Nathan Limited is listed on the Australian Stock Exchange (ASX) under stock code LNN. You can view their investor website here. The company is involved in Manufacturing, wholesaling and retailing of beverages in New Zealand and Australia. Credit Suisse downgraded their recommendation for LNN in May. Check your charts!