Majority of Securities Revise Upward ITMG Share Price Targets Despite Coal Budget Risks

Jakarta — The majority of monitored securities have raised share price targets for PT Indo Tambangraya Megah Tbk. (ITMG) in March 2026 despite the mining company facing risks of cuts to its work and budget plan for coal operations in 2026.

Based on Bloomberg terminal data on Wednesday (11 March 2026), 15 securities updated their recommendations for ITMG shares. Of these, eleven securities raised the company’s share price targets, three maintained their positions, and one analyst revised their estimate downwards during the current month.