RHB Trims DFI Retail Forecast as Maxim's Earnings Loss Looms
RHB Research cuts DFI Retail Group's 2027 earnings forecast by 6% and lowers its target price to US$4.93 as the company divests its Maxim's Caterers stake.
- published
- in the api
- on the website
on the website stories appear 15 minutes after publication, in the api at once. connect the api →
what happened
According to Market Talk, DFI Retail Group could lose earnings from Maxim's Caterers, according to RHB Research analyst Alfie Yeo. The Asian retailer has said it is in the process of selling its 50% stake in Maxim's. RHB lowered its 2027 earnings forecast for the company by 6% and reduced its target price to US$4.93 from US$5.03. The broker still sees a positive medium-term earnings path, partly because it assumes Maxim's will take on the stake in the Starbucks business across seven Asian markets. The buy rating is unchanged. Shares rose 0.9% to US$3.35.
why it matters
For investors, the news points to pressure on the group's profit in the short term as Maxim's contribution fades, while the expected change in Starbucks ownership remains the key factor behind the broker's medium-term view.
tags
instruments
sources
- DFI Retail Group May Be Hit by Loss of Maxim's Caterers' Earnings — Market Talk, 16 October 2026 at 01:54 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
on the website stories appear 15 minutes after publication, in the api at once.
get stories in real time ↗