---
title: "DBS Reaffirms Their Buy Rating on Bumitama Agri Ltd. (2BU)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281812031.md"
description: "DBS has reaffirmed a Buy rating on Bumitama Agri Ltd. (2BU) with a price target of S$2.30, according to analyst William Simadiputra. He is noted for a 27.2% average return and a 75.51% success rate. Bumitama Agri also received a Buy rating from TipRanks, although it was downgraded to Hold on March 29. Simadiputra focuses on the Consumer Defensive sector, covering companies like First Resources and Wilmar International."
datetime: "2026-04-07T00:55:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281812031.md)
  - [en](https://longbridge.com/en/news/281812031.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281812031.md)
---

# DBS Reaffirms Their Buy Rating on Bumitama Agri Ltd. (2BU)

In a report released today, William Simadiputra from DBS maintained a Buy rating on Bumitama Agri Ltd., with a price target of S$2.30.

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According to TipRanks, Simadiputra is a 5-star analyst with an average return of 27.2% and a 75.51% success rate. Simadiputra covers the Consumer Defensive sector, focusing on stocks such as First Resources (Singapore), Bumitama Agri Ltd., and Wilmar International.

In addition to DBS, Bumitama Agri Ltd. also received a Buy from TipRanks – xAI’s xAi Consumer Defensive EU in a report issued on April 2. However, on March 29, TipRanks – xAI downgraded Bumitama Agri Ltd. (Frankfurt: 2BU) to a Hold.

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