UOB Kay Hian raised target for Wilmar stock to SGD 3.80

Published on 10/20/2026 at 18:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue rose 17.20 percent to USD 38.56 billion in 2026. Wilmar stock costs EUR 2.36 on October 20, 2026 at 6:41 p.m. CEST.

Target and results date

UOB Kay Hian raised its Wilmar target to SGD 3.80 from SGD 3.50 on September 25, 2026.
First-half 2026 revenue rose 17.20 percent to USD 38.56 billion.
Wilmar stock costs EUR 2.36 at Lang & Schwarz on October 20, 2026 at 6:41 p.m. CEST.
Third-quarter 2026 results are scheduled for October 28, 2026.

Wilmar, SG1T56930848, Illustration mit AI erstellt.

UOB Kay Hian raised its target for Wilmar stock to SGD 3.80 from SGD 3.50 on September 25, 2026, while keeping a Hold rating, as reported by The Edge Singapore. The target was 12.43 percent above the SGD 3.38 Singapore Exchange price used in that comparison. At Lang & Schwarz, the stock was trading at EUR 2.36 on October 20, 2026 at 6:41 p.m. CEST.

Revenue growth outpaced profit

Wilmar's first-half 2026 revenue rose 17.20 percent year over year to USD 38.56 billion, while net income attributable to shareholders increased 2.30 percent to USD 608.90 million. Core net profit climbed 9.90 percent to USD 641.50 million for the same period, according to 6ix. The gap between revenue growth and reported earnings growth keeps margin quality central to the next update.

What matters for the valuation?

The SGD 3.80 target stands 12.43 percent above the SGD 3.38 Singapore Exchange price. UOB Kay Hian described commodity price volatility as a margin pressure, while resilient consumer demand and crushing volumes supported its cautious earnings view, according to The Edge Singapore.

October 28 results set the next test

Wilmar is scheduled to release its executive financial summary for the third quarter ended September 30, 2026, after trading hours on October 28, 2026. The date was announced through an SGX filing on October 6, 2026, which said the summary would also be published on Wilmar's website.SGX The report will give investors a fresh comparison with the USD 641.50 million first-half core profit.

Integrated food and agriculture business

Wilmar operates across edible oils, oilseeds, grains, sugar, oleochemicals, specialty fats and biofuels. The company says it has more than 1,000 manufacturing plants and operations across Asia and Africa, with activities spanning processing, merchandising, consumer products and plantation assets.

Stock price and investor view

The euro quotation gives German investors a direct market reference at EUR 2.36, while the Singapore listing provides the home-market comparison at SGD 3.38. The next dated catalyst is the October 28 results release, and the analyst target leaves a quantified gap between the current Singapore price and UOB Kay Hian's SGD 3.80 valuation.

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