Dairy Farm International

Broker's Calls

Chew on this defensive stock as competition intensifies in grocery sector

SINGAPORE (Oct 6): OCBC Investment Research continue to rate supermarket operator Sheng Siong Group at “buy” with a higher fair value estimate of $1.15 from $1.07 previously based on potential returns including dividends.

Broker's Calls

Dissecting the GSS disappointment

SINGAPORE (Aug 24): RHB Research is maintaining its “overweight” rating on the consumer sector but remains “negative” on discretionary retailers on weak consumer sentiment, the failure of the Great Singapore Sales (GSS) to excite shoppers, as wel

Broker's Calls

Dairy Farm kept at ‘buy’ on improving margins

SINGAPORE (Aug 2): DBS is maintaining its “buy” call on Dairy Farm International with a higher target price of US$7.18.

Results

Dairy Farm's 1H earnings rise 4.1% rise to $269 mil

SINGAPORE (July 28): Dairy Farm International, part of the Jardine group of companies, posted a 4.1% increase in earnings to US$199.3 million ($269.4 million) for the six months ended June from a year ago.
Dairy Farm logo

Broker's Calls

Dairy Farm cut to ‘hold’ with lower US$6.75 target by CIMB

SINGAPORE (May 19): CIMB has downgraded Dairy Farm International (DFI) to “hold” from “add” and lowered its price target from US$10.00 to US$6.75, cutting its projected FY16 and FY17 earnings by 13% and 20% respectively.
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