Analisa Saham INTP | 26 April 2018

Indocement Upgraded to Overweight at JPMorgan; PT 23,000 Rupiah
By Bloomberg Automation

(Bloomberg) -- J.P. Morgan analyst Indra Cahya upgraded the recommendation on Indocement Tunggal Prakarsa Tbk PT to overweight from underweight.

* PT raised to 23,000 rupiah from 16,500 rupiah, implies 27% increase from last close. Indocement average PT is 17,708 rupiah

* Indocement had 4 buys, 13 holds, 13 sells previously: Bloomberg data

* Analysts lowered their consensus one-year target price for the stock by 1 percent in the past three months. Forecasts range from 13,300 rupiah to 25,000 rupiah