Home Capital Broker's Calls

Broker's Digest: Dairy Farm, Hongkong Land, AEM Holdings and Credit Bureau Asia

The Edge Singapore
The Edge Singapore3/19/2021 6:30 AM GMT+08  • 9 min read
Broker's Digest: Dairy Farm, Hongkong Land, AEM Holdings and Credit Bureau Asia
See the analysts' recommendations and target prices here.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Dairy Farm International
Price target:
RHB “neutral” US$4.78
DBS Group Research “buy” US$5.02
CGS-CIMB “add” US$5.40

RHB downgrades but ongoing transformation reason for others to stay positive

RHB Group Research has downgraded Dairy Farm International to “neutral” from “buy”. This follows the retailer’s FY2020 ended December 2020 earnings released on March 11, where it posted 14% lower earnings of US$276 million ($371.4 million) compared to the US$321 million in FY2019, after being impacted by the Covid-19 pandemic.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.