PT Indofood Sukses Makmur Tbk (OTCMKTS:PIFMY – Get Free Report) shares gapped up before the market opened on Wednesday . The stock had previously closed at $16.7706, but opened at $17.8050. PT Indofood Sukses Makmur Tbk shares last traded at $17.8050, with a volume of 520 shares traded.
Analyst Ratings Changes
Separately, Zacks Research upgraded shares of PT Indofood Sukses Makmur Tbk to a “hold” rating in a report on Wednesday, May 13th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold”.
Check Out Our Latest Report on PIFMY
PT Indofood Sukses Makmur Tbk Stock Up 2.6%
PT Indofood Sukses Makmur Tbk Company Profile
PT Indofood Sukses Makmur Tbk is an Indonesian-based integrated food company and one of the world’s largest producers of instant noodles. Established in 1990 and headquartered in Jakarta, the company operates through several business segments including consumer branded products, flour milling, edible oils and fats, and agribusiness. Indofood is a member of the Salim Group and has grown through both organic expansion and strategic acquisitions to become a leading name in the regional food industry.
In its consumer branded products division, Indofood manufactures and markets a diverse portfolio that spans instant noodles, dairy products, snack foods, biscuits, confectionery, and flavored beverages.
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