UOB Kay Hian Group Research analysts Leow Huey Chuen and Jacquelyn Yow Hui Li have kept a “buy” rating with a target price of $5.50.
Analysts are remaining positive on Wilmar International, despite mixed sentiments on the group’s business that range from optimism towards upstream earnings to acknowledging disruptive 1QFY2022 ended March trade flow and pricing.
The group is scheduled to release its 1QFY2022 financial update on April 29.
