Home Capital Broker's Calls

Food Empire still a currency play for now: RHB

Michelle Zhu
Michelle Zhu8/14/2017 11:16 AM GMT+08  • 2 min read
Food Empire still a currency play for now: RHB
SINGAPORE (Aug 14): RHB Research is maintaining its “buy” rating on Food Empire with an unchanged target price of 95 cents, after the food and beverage (F&B) product manufacturer on Saturday released a set of 2Q17 results which came in line with the r
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.

SINGAPORE (Aug 14): RHB Research is maintaining its “buy” rating on Food Empire with an unchanged target price of 95 cents, after the food and beverage (F&B) product manufacturer on Saturday released a set of 2Q17 results which came in line with the research house’s expectations.


See: Food Empire posts 64% rise in 1H earnings to US$9.5 mil

In a Monday report, analyst Juliana Cai says there has been no changes to RHB’s recommendation, target price and forecasts for now – and that the stock is still a currency play, in the research house’s view.

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.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now