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

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook