A2 Milk share's share price hit a record high on the NZX today as the company benefited from favourable academic and broker reports.
The stock closed at $17.13, up 28 cents from Friday's close, and the stock's highest ever point.
Harbour Asset Management senior research analyst Oyvinn Rimer said the stock appeared to be benefiting from bullish reports in the lead up to its annual result next month.
In one of them, a study funded by a2 Milk and published in the Journal of Paediatric Gastroenterology and Nutrition looked into milk intolerance among Chinese preschool children concluded that a2 Milk was beneficial.
The study was carried out in 2016 and published this month.