Oiltek International Could Gain From Higher Consumer Demand -- Market Talk

Dow Jones

2025/02/17

0133 GMT - Oiltek International's outlook seems bright thanks to tailwinds including positive macro trends, say UOB Kay Hian analysts in a note. The vegetable and edible oil process engineering company is optimistic about its long-term prospects, they say, and well-placed to tap growth in the global fats and oils market. As a provider of solutions for all vegetable oils, the Singapore-listed company is a clear beneficiary of higher demand for edible and non-edible oils and fats spurred by growing populations and rising food demand. UOB KH raises the stock's target price to S$1.37 from S$1.22, while maintaining a buy rating. Shares are last at S$1.19.(amanda.lee@wsj.com)

(END) Dow Jones Newswires

February 16, 2025 20:33 ET (01:33 GMT)

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Shares are last at S$1.19.(amanda.lee@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 16, 2025 20:33 ET (01:33 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999014492.USD","symbol_name":"NIKKO AM ASEAN EQUITY \"A\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2512030961","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2512030961","pubTimestamp":1739755980,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0133 GMT - Oiltek International's outlook seems bright thanks to tailwinds including positive macro trends, say UOB Kay Hian analysts in a note. 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The vegetable and edible oil process engineering company is optimistic about its long-term prospects, they say, and well-placed to tap growth in the global fats and oils market. As a provider of solutions for all vegetable oils, the Singapore-listed company is a clear beneficiary of higher demand for edible and non-edible oils and fats spurred by growing populations and rising food demand. UOB KH raises the stock's target price to S$1.37 from S$1.22, while maintaining a buy rating. Shares are last at S$1.19.(amanda.lee@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 16, 2025 20:33 ET (01:33 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}