Following Wilmar International's 1QFY2025 ended March 31 results, analysts have largely praised the group's good start to the year, but remain uncertain on the oncoming outlook.
While the team of analysts at DBS Group Research and Maybank Securities (Maybank) both have a "buy" call at an unchanged target price (TP) of $3.80 and $4.05 respectively, the analysts at RHB Bank Singapore and Citi Research have both maintained their "neutral" calls, albeit at an unchanged TP of $3.00 and at a higher TP of $3.25 from $3.15 previously.
The team at DBS notes that Wilmar's 1QFY2025 earnings accounted for 22% of theirs and 23% of consensus' FY2025 earnings forecast of US$1.53 billion ($1.99 billion).