0613 GMT - Universal Robina Corp.'s revenue growth is likely to be steady this year, SB Equities' Andrea Marielle Oliveros says in a research report. At an analyst briefing, the consumer food and beverage product company guided for mid-single digit revenue growth and high-single digit branded consumer foods growth. The brokerage maintains the stock's add rating as it forecasts the company's 2026 and 2027 core EPS growth at 3% and 7%, respectively. However, the Philippine company imports almost half of its raw materials with foreign-exchange exposure to coffee, thus a strengthening dollar tempers margin relief from lower input prices. The brokerage lowers the stock's target price to 92.00 Philippine pesos from 104.00 Philippine pesos with an unchanged add rating. Shares are 1.5% higher at 66.00 Philippine pesos. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
March 25, 2026 02:13 ET (06:13 GMT)
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