Indo Premier sets IDR 10,800 target for Indofood CBP stock

Published on 10/13/2026 at 14:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue grew 11.30 percent to IDR 41.90 trillion. Indofood CBP stock costs EUR 0.35 on October 13, 2026, down 0.35 percent on IDX.

Array

Indofood CBP, ID1000116700, Illustration mit AI erstellt.

Indo Premier placed an IDR 10,800 target on Indofood CBP stock on October 7, 2026, while retaining its buy view. The target stands 53.74 percent above the IDX price of IDR 7,025 on October 13, 2026, a comparison that puts the analyst view well above the latest local-market quote. Indofood CBP stock was trading at EUR 0.35 at Lang & Schwarz on October 13, 2026 at 2:09 p.m. CEST, while the IDX quote was down 0.35 percent on the day.

Revenue grows in the first half

According to StocksBNB on October 7, 2026, first-half 2026 revenue rose 11.30 percent year over year to IDR 41.90 trillion. Export revenue increased 21.90 percent to IDR 13.40 trillion, giving international sales a larger role in the earnings picture.

The same report said first-half 2026 net profit fell 33.10 percent to IDR 3.70 trillion, while net foreign-exchange losses reached IDR 2.90 trillion. That contrast matters: sales growth remained positive, but currency effects and financing costs reduced the conversion of revenue into earnings.

Stock remains inside its yearly range

On the IDX, Indofood CBP traded at IDR 7,025 on October 13, 2026, compared with a 52-week low of IDR 5,925 and a high of IDR 9,550. The current quote is 26.44 percent below the 52-week high and 18.57 percent above the low.

The company had a market capitalization of IDR 81.9 trillion and a P/E ratio of 11.08 on October 13, 2026. Its latest trading volume was 2,017,100 shares, against an average volume of 4,489,554 shares.

Valuation and company dates

According to Kontan on October 7, 2026, Indo Premier lowered its target to IDR 10,800 while maintaining a buy recommendation. The report also cited a 20.00 percent to 22.00 percent 2026 EBIT margin outlook and a 21.80 percent first-half 2026 EBIT margin.

Comparison with peers

Indofood CBP: minus 0.35 percent, P/E 11.08, market capitalization IDR 81.9 trillion
Indofood Sukses Makmur (IDX, IDR): plus 1.45 percent, P/E 6.42, market capitalization IDR 61.5 trillion
Unilever Indonesia (IDX, IDR): plus 0.63 percent, P/E 15.99, market capitalization IDR 60.6 trillion

Trading perspective

Global Banking and Finance identifies Indofood CBP as ICBP.JK on the IDX and assigns it to consumer staples, with an IDR quotation currency and ISIN ID1000116700. The stock's valuation sits between the two comparison companies, while its first-half revenue growth remains stronger than the price action on October 13, 2026.

Indofood CBP was trading at EUR 0.35 at Lang & Schwarz on October 13, 2026 at 2:09 p.m. CEST. The IDX quote was down 0.35 percent on the day, while the EUR price provided the German-market perspective. The further course of trading is shown by the continuously updated real-time quote of Indofood CBP stock.