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.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised shares of PT Indofood Sukses Makmur Tbk from a “strong sell” rating to a “hold” rating in a report on Friday, September 4th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.
Read Our Latest Analysis on PIFMY
PT Indofood Sukses Makmur Tbk Trading 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.
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