Supported By Strong Fundamentals And Various Positive Catalysts, Global Investors Raise BBRI Target Prices

BRI President Director Hery Gunardi/ (IST)

JAKARTA - PT Bank Rakyat Indonesia (Persero) Tbk or BRI has again gained positive momentum and gained the trust of leading global investors through purchase recommendations, as well as an increase in target prices.

From global investors, Goldman Sachs, a leading international financial institution, on Friday (12/9) officially raised the recommendation of BBRI shares from neutral to buy with a target price of IDR 4,760 per share, up significantly from the previous IDR 4,180. The increase in the target price also places BBRI as a national banking stock that is the target of investors.

In addition, the Government's policy through the Ministry of Finance of the Republic of Indonesia, which places Rp200 trillion in funds to Himbara, is also considered the main catalyst for this positive sentiment. This step is seen as strengthening national banking liquidity, especially BRI, so that additional liquidity can immediately support credit expansion. BRI itself received an allocation of Rp55 trillion from a total of Rp200 trillion which was distributed to Himbara.

Meanwhile, Bloomberg Intelligence noted that BRI will be the bank with the most benefits compared to other Himbaras. This is supported by the improvement in the fundamental liquidity of the banking industry.

Bloomberg consensus also shows investor confidence in BBRI. Of the 39 analysts who monitored, 31 analysts recommended buying and 7 suggested holding back. Bloomberg's consensus price target is at IDR 4,602 per share in the next 12 months.

Until the end of the second quarter of 2025, the total loans that BRI managed to distribute reached Rp1,363.3 trillion. Of this amount, the largest portion is 84.4% or around Rp1,150 trillion distributed to the MSME segment. This figure confirms BRI's position as a market leader in financing MSMEs, while strengthening BRI's real contribution to the development of the people's economy in Indonesia.

BRI President Director Hery Gunardi said that the placement of Government funds of Rp55 trillion that had been received was a form of state trust in BRI. "This fund not only strengthens our liquidity, but also increases the space for BRI to accelerate credit expansion, especially to the MSME segment and government priority programs," explained Hery.

"We are optimistic that this placement will create a wide multiplier effect, starting from job creation, strengthening people's purchasing power, to supporting inclusive and sustainable national economic growth," Hery added.

Hery also emphasized that BRI will always prioritize prudential banking and good corporate governance. "We are committed to ensuring that every rupiah from this fund is channeled on target and provides real added value, both for customers, MSME players, and the Indonesian economy as a whole," he added.

With the support of government policies, global investor confidence, and solid performance fundamentals, BRI is optimistic that it can continue its role as the main driver of national economic growth while at the same time affirming its position as a bank with the largest focus on empowering MSMEs in Indonesia. (ADV)