On what promises to be another sweltering day, chilled diary firm Dairy Crest Group PLC (LON: DCG) may be just the ticket. City broker Numis rates milk and cheese seller Dairy Crest shares as 'add' targeting 649p ahead of Tuesday's AGM statement.
It's been a tough year for investors in Dairy Crest (LSE: DCG). Indeed, shares in the maker of Cathedral City cheese and Frijj milkshakes has seen its share price fall by 27% since the turn of the year.
Dairy Crest, which recently drew protests from angry milk farmers over cuts in the prices they are paid for milk, will report half-year results on Thursday amid a 'challenging' outlook for Britain's dairy industry.