The group is slated to release its financial summary for the 3QFY2021 ended September after trading hours on Oct 29.
UOB Kay Hian analysts Leow Huey Chuen and Jacquelyn Yow Hui Li have kept their “buy” recommendation on Wilmar International with an unchanged target price of $6.40 ahead of the agri-food group's results release.
“Our target price is based on FY2021 earnings per share (EPS) and reflects a blended 26 times FY2021 price-to-earnings (P/E) for China operations and blended 11 times P/E for non-China operations,” they write in an Oct 21 report.
