SCC shares continued to rise after several brokers raised their target prices and maintained buy recommendations, following second-quarter 2026 results that significantly beat expectations. Net profit came in at 11.535 billion baht, up 85 percent from the previous quarter but down 33 percent from a year earlier. Krungsri Securities lifted its target price to 315 baht and raised its 2026 normalized profit forecast by 31 percent to 18.892 billion baht. Trinity Securities kept its target price at 294 baht, while Dao Securities raised its target to 290 baht. Land and Houses Securities set a target price of 268 baht. The key driver is the recovering petrochemical business, supported by higher product spreads and tight supply, along with solid growth in cement and packaging. SCC also announced an interim dividend of 3.50 baht per share, with the XD date on 5 August 2026.
The Siam Cement Public Company LimitedBrokers raised target prices and maintained buy recommendations after Q2 2026 earnings beat expectations.