i-Tail Corp.'s Growth Outlook Appears More Stable -- Market Talk
Dow Jones2026/07/30 05:260526 GMT - i-Tail Corp.'s growth outlook appears more stable, ttb wealth securities' Nuttapop Prasitsuksant says in a research report. Its earnings should grow by 21% in 2027, 16% in 2028 and 5% in 2029 after sharp volatility over 2023-2025 and a 2% decline in 2026, the analyst estimates. This view is partly backed by the Thai pet food manufacturer being a leading global pet food OEM that continues to gain share in this growing market. Also, its gross margins should improve in 2027-2028 thanks to drivers including rising plant utilization. The brokerage raises the stock's rating to buy from hold and the target price to 19.00 baht from 17.00 baht. Shares are 1.2% lower at 16.80 baht. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
July 30, 2026 01:26 ET (05:26 GMT)
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