Bellamy's shares slide again as analysts take an axe to earnings forecasts

Brokers are drastically re-rating Bellamy's following Friday's market update, as they attempt to work how just how severe the damage is to the firm's brand and whether or not the former market darling can recover.

Bellamy's shares opened more than 4 per cent lower on Monday morning, continuing a downward slide from Friday's 43.5 per cent slump.