One analyst sets SGD 1.45 target for Olam Group stock

According to Investing.com on October 12, 2026, one analyst set a 12-month target of SGD 1.45 for Olam Group, 59.34 percent above the latest Singapore price. The target is the clearest valuation marker for the stock after its recent restructuring.

Olam Group was last at SGD 0.91 on the Singapore Exchange on October 16, 2026 at 5:05 p.m. SGT, down 1.09 percent from the Singapore close of October 15, 2026. The price move was measured against the completed Singapore session, not against the inactive euro quotation.

Leverage changed in first-half 2026

The balance-sheet picture improved materially in the first half of 2026. Olam Group reported net gearing of 0.93 times, down from 2.09 times. The same release said first-half PATMI reached SGD 1.90 billion, up 488.70 percent year over year, but included SGD 1.75 billion of one-off gains from portfolio transactions and fair-value effects.

Operational PATMI from continuing operations was SGD 64.40 million in the first half of 2026. That distinction matters because the headline profit increase was driven primarily by the one-off items, while the operating figure provides a narrower view of recurring performance.

Singapore price and yearly range

The latest SGD 0.91 price sat inside a 52-week range of SGD 0.81 to SGD 1.46 as of October 16, 2026. Trading volume was 2,568,700 shares, compared with an average volume of 6,288,465 shares, indicating lighter activity than the reported average.

Valuation and future dates

Olam Group had a market capitalization of SGD 3.4 billion and a price-to-earnings ratio of 1.35 on October 16, 2026. The 7.0 Singapore cents per share total dividend declared with the first-half results comprised a 1.0 cent interim dividend and a 6.0 cent special dividend, according to the company's release dated August 14, 2026.

The company describes itself as focused on food and beverage ingredients and solutions after the sale of a majority stake in Olam Agri in April 2026. Its investor calendar lists no dated upcoming event in the material reviewed.

Comparison with peers

Olam Group (SGX, SGD): minus 1.09 percent, P/E 1.35, market capitalization SGD 3.4 billion

Wilmar International (SGX, SGD): minus 1.15 percent, P/E 11.78, market capitalization SGD 21.5 billion

Golden Agri-Resources (SGX, SGD): minus 3.45 percent, P/E 4.53, market capitalization SGD 3.6 billion

What the valuation leaves open

The target distance and the low reported price-to-earnings ratio point to a stock where portfolio gains and balance-sheet improvement need to be separated from recurring operating earnings. The next material test is whether operating PATMI can build on the SGD 64.40 million first-half 2026 base.

The latest available Singapore price was SGD 0.91 on October 16, 2026 at 5:05 p.m. SGT, down 1.09 percent versus the Singapore close of October 15, 2026.