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Cisarua Mountain Dairy's Growth Momentum Seen Continuing — Market Talk

Cisarua Mountain Dairy's Growth Momentum Seen Continuing — Market Talk

Pt Cisarua Mountain Dairy TbkJune 3, 20264
Cisarua Mountain Dairy's Growth Momentum Seen Continuing — Market Talk

About this update from Pt Cisarua Mountain Dairy Tbk

Cisarua Mountain Dairy will continue to outperform its peers, with Ebit projected to grow around 22% through 2028, Nomura analyst Heng Siong Kong says. Key drivers include significant expansion of its distribution network and planned capacity additions, supporting the company's earnings trajectory. The bank raises its target price for the stock to 9,250 rupiah from 9,150 rupiah, while maintaining its buy rating. Shares are down 3.5% at 4,380 rupiah. ([email protected])

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