SINGAPORE (Feb 25): Maybank Kim Eng is maintaining its “buy” call on F&B company Super Group on brighter outlook, given growth has returned to most core markets and margins are buoyant once again.

However, as it forecasts a more conservative growth in FY16 revenue and net profit, it has lowered its target price to $1.10 from $1.42.

In a Wednesday report, analyst Gregory Yap says mosts of Super’s bigger Branded Consumer (BC) markets grew in 4Q, with China the biggest outperformer.

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