ICBP Q1 2026 Result

Buy, 46% upside 18 May 2026 Price Rp 6825 Target price Rp 9950 Investment Considerations Positive volume growth across all business segments Q1 2026 Results: Margin Resilience Despite FX Headwinds Valuation: Maintained Buy with TP IDR 9,950

ICBP 1H2026 Result

Buy, 32% upside 12th August 2026  Price Rp 7,525 Target price Rp 9,950 Investment Considerations Positive  Growth Across all Major Business Segments Q2 2026 Results: FX Loss Weighs on Reported Earnings Valuation: Maintained Buy, TP IDR 9,950 (+32% Upside)