0621 GMT - DFI Retail Group's business execution capabilities seem better, based on CGS International's non-deal roadshow for the company, the brokerage's analysts say in a research report. Key highlights of the roadshow were the Asian retailer's multipronged strategy to drive customer footfall, flexible sourcing to protect margins under volatility, and its focus on retail media, the analysts note. Tech-based skin and scalp assessments at the company's Guardian retail chain are also seeing high appeal among customers aged 35-45. The brokerage keeps the stock's add rating, and raises the target price to US$5.50 from US$4.90 based on a higher 2027 P/E. Shares are 4.4% higher at US$4.70. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
March 13, 2026 02:21 ET (06:21 GMT)
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