Likewise, RHB’s analyst Alfie Yeo has maintained his “neutral” call at a lower target price of US$2.92 from US$3.09 previously. However, Citi’s analyst Brian Cho has upgraded his call to “buy” with a target price of US$3.28.
DFI Retail Group (DFI) has returned to profitability with earnings for the 1HFY2023 ended June 30 of US$8 million ($10.66 million), but analysts at DBS Group Research, CGS-CIMB Research, RHB Bank Singapore and Citi Research remained mixed on the retail giant.
DBS analysts Chee Zheng Feng and Andy Sim have maintained their “buy” call with an unchanged target price of US$3.80, while CGS-CIMB’s Ong Khang Chuen and Kenneth Tan have maintained their “hold” call at a lowered target price of US$2.90 from US3.40 previously.
