Stock Price INDF Will Be On The 8.985 Range
By : Wiyanto Dan Aldo Bella Putra | Tuesday, May 29 2018 - 15:30 IWST

PT Indofood Sukses Makmur Tbk (INDF (Foto Istimewa)
INDUSTRY.co.id - Jakarta - Indofood Sukses Makmur Tbk PT (INDF) stock price for the upcoming year there is potential to rise.
"So we see the fair price of INDF in the next 12 months will be at the level of Rp. 8,985. There is still a potential for INDF stock price increase of 20.98% from the current price at Rp 7,100, "said PT Narada Asset Management Analyst Kiswoyo Adi Joe in Jakarta, Tuesday (29/5/2018).
Estimated prices, he added, based on the assumption of ROE INDF predicted by the end of 2018 by 11%, beta stock INDF 0.91 Risk Free Return of 4.50%, PE INDF 23x highest, and growth of EPS INDF for the year 2018 amounted to 6%.
"We see INDF in 2018 this EPS can grow 6% of EPS in 2017 of Rp. 475, - to Rp. 503, - by the end of 2018, "he said.
Today's Industry

Selasa, 17 Mei 2022 - 14:00 WIB
NORD DRIVESYSTEMS at LogiMAT in Stuttgart From 31st May to 2nd June 2022 NORD will present innovative drive solutions for intralogistics
The specialist LogiMAT exhibition in Stuttgart offers as comprehensive overview of the intralogistics and process management market. As one of the market leaders for drive technology, NORD presents…

Selasa, 17 Mei 2022 - 13:00 WIB
President Jokowi Invites US CEOs to Boost Cooperation with Indonesia
President Joko “Jokowi” Widodo has invited company CEOs in the United States to boost cooperation with ASEAN countries, particularly Indonesia.

Selasa, 17 Mei 2022 - 12:28 WIB
President Jokowi, ASEAN Leaders Attend Dinner Hosted by US President
President Joko “Jokowi” Widodo Thursday (05/12) attended a dinner with the leaders of ASEAN countries hosted by President of the United States Joe Biden at the White House, Washington D.C.

Selasa, 17 Mei 2022 - 11:23 WIB
TPE unleashes benefits for pet accessories
The pet care market is rapidly expanding as pet ownership increases, as does spending on pet food, grooming tools, and accessories. Pet owners are significantly concerned about the prevalence…

Jumat, 13 Mei 2022 - 16:15 WIB
Robocash Group reached 2 BN USD of disbursement and issued audited financial report of 2021
Robocash Group publishes the audited combined financial statements for the year ended 31 December 2021. The Group reached an all-time high 2 BN USD of issued financing and is expected to increase…
News Comment