Dairy Farm International
Price targets:
US$4.70 UPGRADE BUY (DBS Group Holdings)
US$5.05 HOLD (HSBC Global Research)
US$4.38 REDUCE (CGS-CIMB Research)
US$5.05 NEUTRAL (RHB Group Research)

Despite the doom and gloom as additional safe distancing measures are put in place amid the escalating Covid-19 outbreak, there is good reason to believe that grocery retail businesses are likely to emerge as one of the few beneficiaries of the crisis.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.


  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply


Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook