There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Nissin Foods Co., Ltd. (HK:1475 – Research Report) and Food Empire Holdings Limited (SG:F03 – Research Report) with bullish sentiments.
Nissin Foods Co., Ltd. (HK:1475)
In a report issued on March 28, Alison Fok from DBS maintained a Buy rating on Nissin Foods Co., Ltd., with a price target of HK$6.60. The company’s shares closed last Thursday at HK$4.95, close to its 52-week low of HK$4.89.
According to TipRanks.com, Fok is a 2-star analyst with an average return of
Nissin Foods Co., Ltd. has an analyst consensus of Moderate Buy, with a price target consensus of HK$6.60.
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Food Empire Holdings Limited (SG:F03)
CGS-CIMB analyst William Tng reiterated a Buy rating on Food Empire Holdings Limited on March 27 and set a price target of S$1.84. The company’s shares closed last Thursday at S$1.36.
Tng has an average return of
According to TipRanks.com, Tng is ranked #1809 out of 8779 analysts.
Currently, the analyst consensus on Food Empire Holdings Limited is a Strong Buy with an average price target of S$1.74.
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