BRI Danareksa sets IDR 2,500 target for Japfa Comfeed Indonesia stock

Published on 10/08/2026 at 12:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The 31,000-share Vaksindo sale totaled IDR 1.80 trillion. It equals 8.47 percent of June equity and reshapes Japfa Comfeed Indonesia stock.

Japfa Comfeed Indonesia, ID1000126907, Illustration mit AI erstellt.

BRI Danareksa maintained a positive view and a target of IDR 2,500 for Japfa Comfeed Indonesia stock on October 1, 2026, according to Kontan. The call followed Japfa's sale of its entire Vaksindo holding to affiliated entities.

IDR 2,500 target meets divestment

The target gives the shares a defined valuation reference while the corporate action changes the group's asset mix. The source identified Abida Massi Amand of BRI Danareksa Securities as the analyst behind the positive view and tied the target to stronger revenue momentum and improved balance-sheet flexibility.

The transaction itself involved 31,000 shares, equal to 100 percent of Vaksindo's issued and paid-up capital. Asian Agribiz reported on October 6, 2026 that the sale was valued at USD 101 million and transferred ownership to Japfa Pte. Ltd. and Bionovus Pte. Ltd.

Vaksindo sale changes capital mix

The sale also transferred the Vaksindo, Vaksimune and Vitakur trademarks to Bionovus. Japfa said the move was intended to improve capital allocation efficiency, while Vaksindo's supply relationship with the group would continue under substantially similar terms, according to Asian Agribiz on October 6, 2026.

The transaction value represented 8.47 percent of Japfa's equity as of June 30, 2026. That comparison matters because the divestment is large enough to affect portfolio composition, yet the buyer remains within the wider Japfa group, preserving the commercial relationship while shifting ownership and future consolidation effects.

Indonesia listing holds market range

Japfa Comfeed Indonesia was last at IDR 2,000 on the Indonesia Stock Exchange on October 8, 2026 at 4:11 p.m. WIB. Its market capitalization was IDR 23.3 trillion, while the 52-week range stood at IDR 1,750 to IDR 2,970 on the same date.

The valuation reference from BRI Danareksa and the divestment's 8.47 percent equity comparison frame the stock around capital allocation rather than a single operating metric. The next question for the market is how the redirected funds and the changed Vaksindo ownership structure affect Japfa's core feed, poultry and aquaculture businesses.

The further course of trading is shown by the continuously updated real-time quote of Japfa Comfeed Indonesia stock.