Thai Beverage on Course for Earnings-Per-Share Growth -- Market Talk
Dow Jones
Feb 16
0430 GMT - Thai Beverage remains on course to deliver 9% earnings-per-share growth in FY 2026, say DBS Group Research analysts in a note. The beer maker's fiscal 1Q Ebitda came in at around 28.1% of the analysts' FY 2026 estimate, they say. Global alcoholic beverage makers' stock valuations have rerated upwards as investors buy laggards with stable earnings growth profiles, the analysts note. They therefore reckon that Thai Beverage is poised for a similar level of re-rating, provided it delivers on a projected high single-digit growth. DBS maintains its buy rating and S$0.62 target price. Shares rise 1.1% to S$0.475. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
February 15, 2026 23:30 ET (04:30 GMT)
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