Breadtalk Group

SINGAPORE (Nov 17): RHB is maintaining its “buy” rating on BreadTalk Group with a target price of $1.45, while expressing confidence in the group’s ability to venture into the UK market with the Din Tai Fung chain of restaurants.

SINGAPORE (Nov 17): BreadTalk Group says its wholly-owned indirect subsidiary Taster Food UK (TFUK) has entered into an agreement with Fairy Rise Development, the franchise owner of the Din Tai Fung brand of restaurants, for the franchise right to operate

SINGAPORE (Aug 5): RHB is maintaining its “buy” recommendation for BreadTalk Group with a target price of $1.45, despite store closures and the challenging operating environment in 2Q16.

SINGAPORE (July 15): Daiwa is maintaining its “outperform” rating on Breadtalk Group, with a target price of $1.28 on the back of the group’s plans to improve profitability per store via tighter cost controls and store rationalisation.