Shares of PT Indofood Sukses Makmur Tbk (OTCMKTS:PIFMY – Get Free Report) gapped up before the market opened on Friday. The stock had previously closed at $18.7250, but opened at $19.7135. PT Indofood Sukses Makmur Tbk shares last traded at $19.7135, with a volume of 134 shares trading hands.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded shares of PT Indofood Sukses Makmur Tbk from a “strong sell” rating to a “hold” rating in a research note on Friday, September 4th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.
Read Our Latest Report on PIFMY
PT Indofood Sukses Makmur Tbk Stock Up 5.3%
About PT Indofood Sukses Makmur Tbk
PT Indofood Sukses Makmur Tbk is an Indonesia-based integrated food company with operations spanning food manufacturing, agribusiness, distribution and related businesses. The company serves consumers through a broad portfolio of branded food products and has developed an extensive supply chain covering raw materials, processing, manufacturing and distribution.
Its Consumer Branded Products division offers products such as instant noodles, dairy products, snack foods, food seasonings, nutrition products and beverages.
Further Reading
- Five stocks we like better than PT Indofood Sukses Makmur Tbk
- Tilray Finds a Path to Growth Without Waiting on U.S. Cannabis Reform
- Arista Networks Plugs Into All-Time Highs
- Microsoft Is Almost Back to $555—Now the Hard Part Begins
- Marvell Says Connecting AI Chips Could Be a $37 Billion Business—These 2 Stocks Rallied Too
Receive News & Ratings for PT Indofood Sukses Makmur Tbk Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PT Indofood Sukses Makmur Tbk and related companies with MarketBeat.com's FREE daily email newsletter.
