CGS targets IDR 3,700 for Japfa Comfeed Indonesia stock
Published on 10/13/2026 at 14:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
CGS International set an IDR 3,700 target and an add recommendation for Japfa Comfeed Indonesia on October 6, 2026, according to Kontan. Against the IDR 1,985 market price, that target stands 46.35 percent higher. Japfa Comfeed Indonesia stock last traded at IDR 1,985 on October 13, 2026 at 4:09 p.m. WIB, down 4.57 percent from the October 12 close of IDR 2,080 on the Indonesia Stock Exchange.
Third-quarter profit estimate reaches IDR 1.2 trillion
Kontan reported on October 6, 2026 that CGS International projected Japfa's net income at IDR 1.2 trillion for the third quarter of 2026. The estimate represented 79.00 percent of the full-year consensus forecast for the first nine months, giving investors a measurable earnings marker without relying on the target alone.
The same report identified higher broiler prices as a potential margin support, while rising feed costs remained a counter-factor. The article said CGS's field checks indicated that poultry producers had passed through about one-third of the feed-cost increase during the third quarter, leaving cost absorption as a key variable for profitability.
Price sits below the yearly high
Japfa's IDR 1,985 price was 33.16 percent below its IDR 2,970 52-week high and 13.43 percent above its IDR 1,750 52-week low on October 13, 2026. Trading volume reached 10,989,700 shares against an average of 11,619,780, or 5.42 percent below the average.
Valuation and listed peers
The market capitalization was IDR 23.1 trillion and the P/E ratio was 4.40 on October 13, 2026. The trailing dividend yield was 0.07 percent, while the Indonesia Stock Exchange listing uses ticker JPFA.
Comparison with peers
Japfa Comfeed Indonesia (Indonesia Stock Exchange, IDR): minus 4.57 percent, P/E 4.40, market capitalization IDR 23.1 trillion
Charoen Pokphand Indonesia (Indonesia Stock Exchange, IDR): minus 1.99 percent, P/E 6.51, market capitalization IDR 48.5 trillion
Malindo Feedmill (Indonesia Stock Exchange, IDR): unchanged, P/E 2.90, market capitalization IDR 1.3 trillion
Price and investor reference
UOB Kay Hian kept a buy rating and an IDR 2,900 target on October 6, 2026, according to UOB Kay Hian. Its target was 31.53 percent above the October 13 price, showing that published targets remain spread across a wide range.
The stock last traded at IDR 1,985 on the Indonesia Stock Exchange on October 13, 2026 at 4:09 p.m. WIB, down 4.57 percent from the October 12 close of IDR 2,080.
Market context: Market report IDX Composite.
Japfa Comfeed Indonesia market data
- Company: PT Japfa Comfeed Indonesia Tbk
- ISIN: ID1000126907
- Ticker: JPFA
- Primary exchange: Indonesia Stock Exchange
- Price Indonesia Stock Exchange as of October 13, 2026, 4:09 p.m. WIB: IDR 1,985.00
- Change versus October 12, 2026 close: minus 4.57 percent
- Market capitalization: IDR 23.1 trillion as of October 13, 2026
- 52-week range: IDR 1,750.00-2,970.00 as of October 13, 2026
- Sector / Industry: Agribusiness and food
