Underpinned by higher delivery volumes in the current FY2026, Chong has raised his earnings estimates by 15% and thereby, his target price.
Yik Ban Chong of PhillipCapital has upgraded his call on BRC Asia from "neutral" to "buy", along with a higher target price of $5.10, from $4.10 previously.
For its FY2025 ended Sept, the steel supplier reported earnings that came in within his expectations.
