UOB Kay Hian lifts Thai Union stock target to THB 14.50

Published on 10/15/2026 at 22:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UOB expects third-quarter 2026 core profit of THB 1.37 billion. Thai Union stock costs EUR 0.34 on October 15, 2026, up 0.79 percent on SET.

Analyst view and valuation

UOB Kay Hian set a THB 14.50 target on October 5, 2026, versus THB 13.30 previously.
UOB Kay Hian projected third-quarter 2026 core profit of THB 1.37 billion on October 5, 2026.
Thai Union stock costs EUR 0.34 at Lang & Schwarz on October 15, 2026 at 10:28 p.m. CEST, up 0.79 percent on the SET.
Thai Union had a market capitalization of THB 49.0 billion and a P/E ratio of 10.41 on October 15, 2026.

Thai Union, TH0450010R15, Illustration mit AI erstellt.

UOB Kay Hian upgraded Thai Union Group Public Company Limited to Buy and raised its target from THB 13.30 to THB 14.50 in a research note dated October 5, 2026. The new target stands 14.17 percent above the SET price of THB 12.70 recorded on October 15, 2026. At Lang & Schwarz, the euro quote was EUR 0.34 on October 15, 2026 at 10:28 p.m. CEST.

UOB sees stronger third-quarter profit

According to UOB Kay Hian on October 5, 2026, Thai Union could post third-quarter 2026 core profit of THB 1.37 billion, up 13.40 percent from the year-earlier period and flat from the prior quarter. The research house also estimated net profit at THB 1.30 billion, down 1.00 percent year over year and up 2.00 percent quarter over quarter.

Range leaves room around the midpoint

Thai Union's SET quote of THB 12.70 on October 15, 2026 stood inside the THB 10.40 to THB 14.10 52-week range. The price was THB 1.40 above the low and THB 1.40 below the high, while volume reached 11,636,416 shares against an average of 18,795,808 shares.

Valuation and comparison with peers

Thai Union had a market capitalization of THB 49.0 billion, a P/E ratio of 10.41 and a dividend yield of 6.00 percent on October 15, 2026. The figures place the share below UOB Kay Hian's THB 14.50 target, while the target distance is based on the SET quote in the same currency.

Comparison with peers

Thai Union (SET, THB): plus 0.79 percent, P/E 10.41, market capitalization THB 49.0 billion
Charoen Pokphand Foods (SET, THB): plus 0.47 percent, P/E 11.69, market capitalization THB 164.5 billion
Thaifoods Group (SET, THB): minus 0.55 percent, P/E 8.46, market capitalization THB 53.7 billion

Price and trading position

The SET quote was THB 12.70 on October 15, 2026, up 0.79 percent from THB 12.60. The euro price at Lang & Schwarz was EUR 0.34 on October 15, 2026 at 10:28 p.m. CEST. This separate German-market indication keeps Thai Union below the EUR 1.00 mark while the SET quotation remains the primary market reference for the Thai-listed share.

Thai Union's next quarterly reporting date was not included in the dated sources used for this report. The available analyst preview nevertheless places third-quarter 2026 earnings at the center of the current valuation discussion, with core profit of THB 1.37 billion compared with the second-quarter margin pressure described by UOB Kay Hian.

Thai Union quote in Germany

Thai Union's euro quote stood at EUR 0.34 at Lang & Schwarz on October 15, 2026 at 10:28 p.m. CEST. The SET quotation stood at THB 12.70 on October 15, 2026, up 0.79 percent against the prior close of THB 12.60.

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