Report
EUR 13.97 For Business Accounts Only

INDOFOOD AGRI RES.LTD. sees a downgrade to Neutral on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of INDOFOOD AGRI RES.LTD. (SG), active in the Food Products industry. As regards its fundamental valuation, the title now shows 1 out of 4 stars while market behaviour can be considered defensive. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Neutral. As of the analysis date February 7, 2020, the closing price was SGD 0.32 and its target price was estimated at SGD 0.23.
Underlying
Indofood Agri Resources

Indofood Agri Resources is an investment holding company. Through its subsidiaries, Co. operates in the following segments: plantations, which is mainly involved in the development and maintenance of oil palm, rubber and sugar cane plantations and other business activities relating to palm oil, rubber and sugar cane processing, marketing and selling, as well as cultivation of cocoa, coconut and tea plantations and industrial timber plantations;and edible oils and fats, which is engaged in the production, marketing and sales of edible oil, margarine, shortening and other related products and crude coconut oil and its derivative products.

Provider
TheScreener
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