DFI Retail Group stands to benefit from some rerating catalysts, CGS International analysts say in a research report as they upgrade the stock's rating to add from hold and raise the target price to $2.71 from $1.85.
These catalysts include a faster recovery of the Asian retailer's Hong Kong supermarket sales, growth in Southeast Asia and a stronger-than-expected margin uplift from cost efficiencies, the analysts say.
The Asian retailer also guided for a 60% dividend payout ratio to sustain in 2025, says the brokerage, which sees potential for a special dividend this year from better profits and gearing improvement.
Shares are 0.9% lower at $2.26.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。