Analysts cut target to ZAR 313.40 for Tiger Brands stock

Published on 10/13/2026 at 02:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Normalised volumes grew 4.50 percent in six months to March 2026. The revised target for Tiger Brands stock is ZAR 313.40.

Key points in brief

Analysts cut Tiger Brands fair value from ZAR 348.00 to ZAR 313.40 on October 1, 2026.
Normalised volumes grew 4.50 percent in the six months to March 2026.
Tiger Brands last traded at ZAc 25,285.00 on the JSE on October 12, 2026.
The company is investing in a ZAR 1.00 billion bakery in Pretoria, with commissioning planned for 2027.

Tiger Brands, ZAE000071080, Illustration mit AI erstellt.

Analysts cut the fair-value estimate for Tiger Brands (ISIN ZAE000071080) from ZAR 348.00 to ZAR 313.40 on October 1, 2026, according to Simply Wall St. The revision puts the valuation discussion ahead of Tiger Brands' fiscal 2026 full-year results presentation scheduled for November 2026.

Chronology of quantified signals

In July 2026, Tiger Brands said it sourced 100.00 percent of the oranges used for Oros from South African growers, according to the company's investor-relations page at Tiger Brands. On September 20, 2026, CEO Tjaart Kruger said normalised volumes grew 4.50 percent in the six months to March 2026, while the company was building a ZAR 1.00 billion Albany bakery in Pretoria, as reported by TimesLive. The October 1 valuation revision was the latest of the three signals.

What the target cut changes

The new ZAR 313.40 fair value is 9.94 percent below the former ZAR 348.00 estimate, a concrete reset in valuation rather than a change to the company's reported operating figures. Simply Wall St said the revision reflected changed assumptions for growth, profitability and future price-to-earnings levels.

The operating backdrop remains more constructive in the latest disclosed interim period. Normalised volumes rose 4.50 percent in the six months to March 2026, gross margin improved and each business unit lifted operating income, according to TimesLive. The same update said eight of 14 focus brands gained both value and volume share over the preceding year.

JSE quote and fiscal calendar

The last JSE quote stood at ZAc 25,285.00 on October 12, 2026 at 5:00 p.m. SAST. The JSE 52-week range was ZAc 23,506.00 to ZAc 38,500.00 on that dated quote, leaving the share 34.32 percent below the upper end of the range. Tiger Brands' fiscal year ends in September, and its full-year results presentation is scheduled for November 2026.

The further course of trading is shown by the continuously updated real-time quote of Tiger Brands stock.