China Galaxy International's Jason Chandra said in a research report that Indonesian poultry companies' stock prices are expected to be supported by strong broiler prices in the first quarter. The analyst said that historically, seasonal rules indicate that broiler prices will remain high during the Indonesian festival season. As the country's first quarter harvest season approaches, the prices of these companies' raw materials are also expected to drop. As we enter 2026, demand for broiler chickens should remain strong as Indonesia's free lunch program expands to target 80 million recipients. The brokerage's preferred stock in the sector is Japfa Comfeed Indonesia, which gave it an increase rating, with a target price of IDR 3,300.00. The share price rose 1.6% to IDR 2,590.00.

China Galaxy International's Jason Chandra said in a research report that Indonesian poultry companies' stock prices are expected to be supported by strong broiler prices in the first quarter. The analyst said that historically, seasonal rules indicate that broiler prices will remain high during the Indonesian festival season. As the country's first quarter harvest season approaches, the prices of these companies' raw materials are also expected to drop. As we enter 2026, demand for broiler chickens should remain strong as Indonesia's free lunch program expands to target 80 million recipients. The brokerage's preferred stock in the sector is Japfa Comfeed Indonesia, which gave it an increase rating, with a target price of IDR 3,300.00. The share price rose 1.6% to IDR 2,590.00.