It has been a good start to the year for Wilmar International, as the plantation stock continues to set five-year highs in terms of share price. But according to DBS analysts William Simadiputra and Woon Bing Yong, the counter deserves a higher valuation multiple on the back of stronger food demand. They have maintained their “buy” call with a higher target price of $6.67 from $5.28  previously.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.


  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply