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Food Empire
Broker's Calls
Growth in food ingredients business among pathways for Food Empire to improve valuation, says CGS
Analyst William Tng has raised his dividend estimate after assuming a payout ratio of 45%.
March 28, 2024
SGX query
Food Empire draws trading query from SGX (update)
Food Empire is eyeing another listing in Hong Kong
January 24, 2024
Broker's Calls
Analysts see record year for Food Empire, expect higher dividend
The analysts have all kept their "add" and "buy" calls with target prices ranging from $1.53 to $1.69.
November 16, 2023
Broker's Calls
CGS-CIMB initiates ‘add’ on Food Empire with TP of $1.69
CGS-CIMB's 'add' rating is premised on several factors including the company's potential to grow its Vietnam market.
October 04, 2023
Insider moves
Food Empire and Japan Foods work up a bigger appetite for buybacks
Despite the war between Russia and Ukraine, Food Empire's sales to these two markets grew again
May 31, 2023
Broker's Calls
Food Empire is off to a good start to the year
Maybank Securities likes Food Empire for its resilience amid the war, positive outlook and undemanding valuations.
May 09, 2023
Broker's Calls
Caffeine boosted 1Q ahead for Food Empire
Maybank expects Food Empire's next two quarters to be stronger y-o-y.
April 14, 2023
Broker's Calls
UOBKH upbeat on Food Empire's outlook as demand remains relatively strong
UOBKH keeps 'buy' on Food Empire as the market's need for coffee trumps inflationary pressures and geopolitical uncertainties.
March 29, 2023
Broker's Calls
RHB lifts Food Empire's TP to $1.39 as its earnings outlook remains firm
The new target price is based on Food Empire’s FY2023 P/E of 10x.
March 16, 2023
Broker's Calls
Brokers' Digest: FEHT, SGX Group, SATS, Civmec, Food Empire
See what the analysts have to say this week.
February 16, 2023