ICHI Shares Gain as Analyst Expects Summer Season and El Niño to Boost Beverage Demand

published 14 h ago · en · source ↗

Affected tickers

Per-ticker News Sentiment Indicator

ICHIanalyst_rating_change · positive · med
Land and Houses Securities expects seasonal demand and the El Niño effect to boost sales, while noting an attractive dividend yield of approximately 7%.
LHother · neutral · high
The article focuses exclusively on the outlook for ICHI and does not contain any material information regarding Land and Houses Public Company Limited (LH).
ORother · neutral · high
The article focuses exclusively on the growth prospects and analyst outlook for ICHI, providing no material information regarding OR.

Article body

On Thursday at 2:05 PM (Bangkok time), the share price of Ichitan Group Public Company Limited (SET: ICHI ) rose by 1.37% or THB 0.20 to THB 14.80, with a trading value of THB 91.76 million. Land and Houses Securities (LHS) expects ICHI to record a quarter-on-quarter increase in normalized profit in 2Q26, with year-on-year stability. This anticipated growth is supported by a seasonal recovery in sales during the summer and the Songkran festival, along with continued strong sales of alkaline water products. Looking ahead to the second half of 2026, further upside is expected from the government’s ‘Thai Chuay Thai Plus’ initiative, which aims to stimulate domestic purchasing power, as well as the onset of El Niño. The warmer temperatures associated with El Niño are likely to drive increased demand for beverages. Additionally, ICHI remains attractive due to its compelling dividend yield, estimated at approximately 7%. LHS maintains a ‘Buy’ recommendation on ICHI, with a strategic target price of THB 15.50 per share, equivalent to a projected 2026 price-to-earnings ratio of 16.7x.