** Analysts at Jefferies downgrade rating on Australia's Nufarm NUF.AX to "underperform" from "hold"; cut PT to A$1.96 per share, from A$4.40 per share
** Agricultural technology firm on Wednesday posted a lower HY statutory net profit after tax of A$29.8 million ($19.20 million), vs A$49.2 million reported last year
** Brokerage says the company reported "soft" first half results, missing consensus EBITDA and EPS by 15% and 18%, respectively
** Poor outcomes around Aquaterra (Omega-3 Canola) suggest little additional value can be ascribed to this business in near term - Jefferies
** Aquaterra is a land-based source of long-chain omega-3 fatty acids, a fish-nutrition complement
** Three of 11 analysts rate the stock "buy" or higher, seven "hold" and one "sell" or lower; their median PT is A$4.49, according to data compiled by LSEG
** Stock has fallen 20.6% this year, as of last close
($1 = 1.5521 Australian dollars)
(Reporting by Roshan Thomas in Bengaluru)
((Roshan.Thomas@thomsonreuters.com))
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