Semen Gresik (SMGR) - Brighter Future Ahead

SMGR – Maintain BUY
Price: Rp9,050 – Target Price: Rp11,200

Brighter Future Ahead:

  • No more capacity constraint
  • New plants progress on track
  • Successful cost efficiency strategy
  • Turnaround stories. Maintain Buy with TP Rp11,200/share.