QNS [MARKET PERFORM +6.4%] - Soymilk gathers steam while sugar remains weak - Update
  • 29 Nov 2019
  • Company Research
We maintain a MARKET PERFORM rating as we nudge up our target price by 1%, mainly thanks to a rollover of our valuation to YE2020 and increased soymilk forecasts on the back of QNS’s more aggressive growth plan for this segment. However, due to expected w