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Maybank IB raises Nestlé target price on strong consumer demand from SARA

Summary by New Strait Times
KUALA LUMPUR: Maybank Investment Bank (Maybank IB) has lifted its target price for Nestle (Malaysia) Bhd to RM107 from RM99 earlier, citing expectations that the company will be a major beneficiary of the government’s cash aid initiative.

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New Strait TimesNew Strait Times
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Maybank IB raises Nestlé target price on strong consumer demand from SARA

KUALA LUMPUR: Maybank Investment Bank (Maybank IB) has lifted its target price for Nestle (Malaysia) Bhd to RM107 from RM99 earlier, citing expectations that the company will be a major beneficiary of the government’s cash aid initiative.

·Malaysia
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New Strait Times broke the news in Malaysia on Thursday, October 2, 2025.
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