Analysts have cut target prices for Japfa following the release of its 1HFY2021 ended June results on July 29.

UOB Kay Hian analyst John Cheong has also downgraded his call to “hold” in an August 2 research note, while CGS-CIMB Research analyst Tay Wee Kuang has maintained his “add” call.


See: Japfa sees 54.3% rise in 1H2021 earnings; expects stronger growth this year


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