KCG Corp. May Benefit From Potentially Higher Market Presence -- Market Talk

Dow Jones

2025/05/20

0207 GMT - KCG Corp.'s earnings may benefit from potentially higher market penetration, Thanachart Securities' Pattadol Bunnak says in a research report. The Thailand diary and bakery products producer can now increase its presence in more leading supermarket chains and convenient stores due to robust sales of new products launched in existing stores, the analyst says. There's also good progress with the company's strategy to expand from traditional cheese and butter products into ingredients for other food products, the analyst adds. The brokerage lifts its 2025-2027 earnings estimates for KCG by 5% per year. It raises the stock's target price to THB11.50 from THB11.00 with an unchanged buy rating. Shares closed 0.6% lower at THB8.65 on Monday. (ronnie.harui@wsj.com)

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May 19, 2025 22:07 ET (02:07 GMT)

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(ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 19, 2025 22:07 ET (02:07 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>KCG Corp. 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May Benefit From Potentially Higher Market Presence -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-20 10:07</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0207 GMT - KCG Corp.'s earnings may benefit from potentially higher market penetration, Thanachart Securities' Pattadol Bunnak says in a research report. The Thailand diary and bakery products producer can now increase its presence in more leading supermarket chains and convenient stores due to robust sales of new products launched in existing stores, the analyst says. There's also good progress with the company's strategy to expand from traditional cheese and butter products into ingredients for other food products, the analyst adds. The brokerage lifts its 2025-2027 earnings estimates for KCG by 5% per year. It raises the stock's target price to THB11.50 from THB11.00 with an unchanged buy rating. Shares closed 0.6% lower at THB8.65 on Monday. 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