AMRT Stocks Outlook as Alfamart Confronts Merah Putih Co-ops Expansion
AMRT stocks remain optimistic despite weak performance and competition from Merah Putih co-ops, with most brokerages recommending a buy.
(Bisnis.Com) 01/01/70 07:00 143921
Bisnis.com, JAKARTA — Optimism surrounding the outlook for PT Sumber Alfaria Trijaya Tbk. (AMRT) stocks remains intact, as a growing number of brokerage houses revise their recommendations and target prices for the Alfamart minimarket chain owner.
The positive sentiment persists even as AMRT stock posts weak performance and prepares to confront the large-scale expansion of the government-backed KopDes/Kel Merah Putih cooperatives network.
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