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Thai Beverage Public Co ( (SG:Y92) ) just unveiled an announcement.
Thai Beverage Public Company Limited has received new credit ratings from Fitch Ratings, which assigned the company a Long-Term Foreign-Currency Issuer Default Rating of BBB- with a Negative Outlook and a National Long-Term Rating of AA(tha) with a Negative Outlook. While both ratings are classified as investment grade, they sit below Thailand’s sovereign and national ratings, indicating that Fitch views the company as a solid but relatively higher-risk borrower than the Thai government, a signal that could influence THBEV’s borrowing costs, investor perception, and its positioning in regional credit markets.
The most recent analyst rating on (SG:Y92) stock is a Buy with a S$0.52 price target. To see the full list of analyst forecasts on Thai Beverage Public Co stock, see the SG:Y92 Stock Forecast page.
More about Thai Beverage Public Co
Thai Beverage Public Company Limited (THBEV) is a major beverage producer based in Thailand, operating in the alcoholic and non-alcoholic drinks industry. The group focuses on both domestic and international markets, and is a prominent corporate issuer in regional debt and capital markets, making its credit ratings closely watched by investors and lenders.
Average Trading Volume: 15,698,262
Technical Sentiment Signal: Sell
Current Market Cap: S$11.69B
See more insights into Y92 stock on TipRanks’ Stock Analysis page.