Jollibee Foods Corp. Downgraded to Hold, Target Price Slashed - Theblogproject

Sunday, August 18, 2019

Jollibee Foods Corp. Downgraded to Hold, Target Price Slashed

A graphic with Jollibee Foods Corporation logo and jollibee mascot.

Want to see what you're missing by still not signing up to PinoyInvestor elite group of Premium Access subscribers? Here's a Premium-exclusive analysis and recommendation on Jollibee Foods Corp. (JFC) prepared by PinoyInvestor's partner broker RCBC Securities which they are giving today absolutely free.

Stock in Focus: JFC (by RCBC Securities)
JFC's expected composite return in the next 12 months, including a forecasted dividend yield of 1.3%, is 3.3% at the previous close of PHP 235.20. This underperforms versus our expected PSEi return of 13.7% to 8,900, hence we recommend a HOLD. We also slashed our Target Price for JFC to ...

Just click here to read the full report Stock in Focus: JFC (by RCBC Securities)
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Disclaimer: I am not a stock market investor, not a licensed stock market advisor does not provide personal investment advice nor advocate Buy/Sell/Hold recommendations of any investments and securities. You should seek advice from qualified/licensed stock market advisors before engaging in any transaction.

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