Investing.com · Jul 4, 2024
UBS sees Mitra Adiperkasa stock expansion driving future gains By Investing.com - Investing.com
UBS initiated coverage on Mitra Adiperkasa, a prominent lifestyle retailer in the ASEAN region, with a Buy rating and a price target of IDR1,850.00. The company is expected to experience a 14% revenue CAGR from 2024 to 2026, driven by store expansion and same-store sales growth, despite temporary setbacks.

