$Bumitama Agri(P8Z.SI)$ 2 Target Price with 6.8% Dividend Yield.
Bumitama Agri's stock outlook looks promising, with analysts predicting a positive trend. The company's share price is expected to rise over the next 12 months, with an average price target of SGD1.79, representing a 18% upside from the current price of SGD1.25
*Key Highlights:*
- *Revenue Growth*: Bumitama Agri is expected to achieve double-digit revenue growth, driven by healthy orders from key customers.
- *Dividend Yield*: The company offers a dividend yield of 2.9%, with a history of increasing dividend payments.
- *Analyst Ratings*: Bumitama Agri has a Strong Buy consensus rating, with analysts from Maybank Research, DBS Research, and UOB Kay Hian maintaining a Buy rating.
*Price Targets:*
- *Highest Target*: SGD1.96 (33% upside)
- *Average Target*: SGD1.79 (21% upside)
- *Lowest Target*: SGD1.61 (9% upside)
The company's strong financial performance, with a 17.5% year-on-year revenue growth and a 28.5% increase in net profit, supports the positive outlook. Additionally, Bumitama Agri's focus on sustainability and productivity enhancement positions it favorably in the market.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
