Dairy Farm International Holdings (DFI)

UOBKH has lowered its earnings forecasts for DFI's FY2021 to FY2023 results by 6-43%.

DBS and CGS-CIMB both downgraded DFI to "hold".

Long-term investors, take a look at this stock.

SINGAPORE (May 30): RHB Group Research is downgrading Dairy Farm International Holdings to “neutral” from “buy” as its share price edges closer to the target price of US$8.25.

(May 21): Jardine Matheson Holdings, a 187-year-old conglomerate with more than US$42 billion ($57.8 billion) in sales, has been among Singapore’s steadiest stocks for years. Not so in 2019.

SINGAPORE (Oct 8): Dairy Farm will find it difficult to show decent improvement in its food division margins in 2H18 given flattish growth in the supermarket industry, rising rental rates in Hong Kong as well as store closures in Singapore, according to 

SINGAPORE (July 27): DBS is downgrading its recommendation on Dairy Farm International (DFI), a member of the Jardine Matheson Group, to “hold” from “buy” previously with a lower target price of US$9.35 ($12.73).

SINGAPORE (May 21): RHB Research says low-cost supermarket chain Sheng Siong Group is its top pick among the consumer retail staples, amid recovering consumer sentiment on the back of improving job prospects and economic growth in Singapore.