Petaling Jaya, 4 May 2026 – Crude palm oil prices are expected to remain resilient in 2026, giving IOI Corporation Bhd a stronger earnings outlook as tighter vegetable oil supplies, sustained biodiesel mandates and potential weather-related production risks continue to support the plantation sector.
RHB Research has maintained its “buy” call on IOI Corp, raising its target price to RM5.35 a share from RM4.85 previously. The research house also lifted its earnings forecasts for IOI Corp for financial years 2026, 2027 and 2028 by 6.4 percent, 14.5 percent and 14.5 percent respectively, after revising its crude palm oil price assumptions and foreign-exchange outlook.
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