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plantation sector
Broker's Calls
RHB upgrades plantation sector to 'neutral' as geopolitical risk of war becomes a reality
RHB analyst Hoe Lee Leng has a “buy” call for Wilmar and “neutral” calls for First Resources, Bumitama Agri and Golden Agri.
February 28, 2022
Broker's Calls
Analysts remain 'underweight' on plantation sector, citing dampened valuations and shrinking earnings expectations
RHB Group Research analyst maintains “underweight” on the plantation sector, with a "buy" call for Wilmar International
January 11, 2022
Broker's Calls
RHB maintains 'underweight' on plantation sector, citing weather risk
Although fundamentals still point to moderating prices in 2022, the risk of La Niña could keep prices higher for longer.
November 10, 2021
Broker's Calls
UOB maintains 'market weight' for plantation sector, First Resources among sector picks
The sector is expected to continue underperforming the market, given weakening CPO prices.
July 19, 2021
Broker's Calls
RHB remains 'neutral' on plantation sector as Indonesian government reduces levy structure; Wilmar still top pick
The RHB team has kept ‘buy’ on Wilmar with a target price of $6.45.
June 25, 2021
Broker's Calls
Reasons to cash in on plantation stocks amid an industry turnaround: RHB
SINGAPORE (Dec 23): For those looking to cash into plantation stocks, it’s now or never.Crude palm oil prices are on the upswing – it climbed to a high of RM 2,665 per tonne by end November due to lower palm oil inventory.While the spike is go
December 23, 2019
Broker's Calls
Slow recovery ahead for regional plantation sector
SINGAPORE (Jan 31): UOB Kay Hian is maintaining a “market weight” rating on the regional plantation sector given the lack of catalysts to drive share price performance as well as expected weak upcoming 4Q18 earnings.
January 31, 2019
RHB strategy for 2017
This plantation stock is going down a golden path
SINGAPORE (Jan 9): RHB is maintaining its “buy” call on Golden Agri at a target price of 46 cents while declaring the stock as its top pick within the plantation sector.
January 09, 2017