Brokers' take

Wilmar International > Buy RHB Research, Nov 16 Nov 16 close: S$3.25 Target price: S$3.69

WE maintain "buy" and a S$3.69 target price, 15 per cent upside, with a 3.4 per cent yield. Wilmar remains our Top Pick for exposure to the plantation sector. We raise FY2018 earnings estimate by 5 per cent on the back of a strong Q3 2018 result, while Q4 outlook remains optimistic.

Moving into FY2019, we believe there is potential for another special dividend, after the IPO of its China operations takes place, which could further boost its dividend yield.