PT Indofood Sukses Makmur Tbk (OTCMKTS:PIFMY – Get Free Report)’s stock price gapped down before the market opened on Monday. The stock had previously closed at $19.1880, but opened at $18.00. PT Indofood Sukses Makmur Tbk shares last traded at $18.12, with a volume of 6,258 shares.
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 analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.
View Our Latest Stock Analysis on PT Indofood Sukses Makmur Tbk
PT Indofood Sukses Makmur Tbk Stock Down 2.3%
PT Indofood Sukses Makmur Tbk Company Profile
PT Indofood Sukses Makmur Tbk is an Indonesia-based integrated food company with activities spanning consumer branded products, flour milling, agribusiness, and distribution. The company serves consumers through a broad portfolio of food and beverage products and has developed an integrated supply chain that extends from agricultural production and processing to manufacturing and distribution.
Through its consumer branded products business, Indofood offers instant noodles, dairy products, snack foods, food seasonings, nutrition products, and beverages.
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