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Nutreco Optimises Animal Nutrition with NutriOpt
Dr Angela Gutierrez del Alamo Oms offered the audience an insight about how the animal models work for the poultry industry in NutriOpt. Specifically, she addressed the broiler model from a production performance perspective on Tuesday and from an economic perspective on Wednesday in order to make the attendees understand how modelling broiler life can optimise animal performance and cost-effectiveness. The Tuesday afternoon session comprised different presentations about Nutrecos innovations in poultry nutrition, such as the improvement of the gizzard function in broilers presented by Dr Adam Sacranie or the split-feeding concept for layer hens, presented by Jon de los Mozos, Msc. Maarten van der Heijden and This Berkers from Selko Feed Additives discussed some interesting feed additives that help fight health problems in broilers. On one hand, the use of feed additives, such as Presan or Selko-pH, was shown as a way to improve gut health in the birds. This leads to an improvement of the litter quality and, in the end, to a decrease in footpad lesions in the birds. On the other hand, feed additives can also help to reduce the incidence of a problem found not only in birds but also in humans: Salmonella.
Mead Johnson Nutrition Price Target Cut to $87.00 (MJN)
Finally, analysts at Credit Suisse reiterated an outperform rating on shares of Mead Johnson Nutrition in a research note to investors on Thursday, October 3rd. Eleven analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of $81.41. Mead Johnson Nutrition ( NYSE:MJN ) traded up 0.96% on Friday, hitting $81.09. The stock had a trading volume of 2,191,806 shares. Mead Johnson Nutrition has a 1-year low of $61.27 and a 1-year high of $86.87. The stock has a 50-day moving average of $75.6 and a 200-day moving average of $77.18. The company has a market cap of $16.412 billion and a P/E ratio of 26.96. Mead Johnson Nutrition (NYSE:MJN) last posted its quarterly earnings results on Thursday, October 24th. The company reported $0.91 earnings per share for the quarter, beating the analysts consensus estimate of $0.79 by $0.12.