Jollibee Foods Corp. Downgraded to Hold, Target Price Slashed

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Stock in Focus: JFC (by RCBC Securities)

JFC's expected composite return in the next 12 months, including a forecasted dividend yield of 1.3%, is 3.3% at the previous close of PHP 235.20. This underperforms versus our expected PSEi return of 13.7% to 8,900, hence we recommend a HOLD. We also slashed our Target Price for JFC to ...

Just click here to read the full report Stock in Focus: JFC (by RCBC Securities)

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I am not a stock market investor, not a licensed stock market advisor, does not provide personal investment advice nor advocate Buy/Sell/Hold recommendations of any investments and securities. You should seek advice from qualified/licensed stock market advisors before engaging in any transaction.