Sinarmas Sekuritas Raises RMK Energy Target Price to Rp10,000

Analyst Upgrade Highlights Strong Operational Performance

Sinarmas Sekuritas has significantly increased its target price for PT RMK Energy Tbk (RMKE) to Rp10,000, up from the previous target of Rp6,700. The brokerage firm maintains its buy recommendation for the coal logistics provider's shares. The target price revision comes after RMKE reported higher-than-expected unloading volume for 2025. The company's management has also provided guidance of 15 million tons for 2026, further supporting the positive outlook.

Market Reaction and Stock Performance

As of the close of trading on January 9, 2026, RMKE shares were priced at Rp6,725, near the previously set target of Rp6,700. The stock's performance has been strong, reflecting positive market sentiment towards the company's operational capabilities and future prospects.

Analyst Rationale

The analyst at Sinarmas Sekuritas cited the company's robust operational performance as the primary reason for the target price increase. The higher unloading volume in 2025 and the optimistic guidance for 2026 were key factors in the decision. These positive developments indicate a strong potential for continued growth and improved financial performance for RMKE.