KUALA LUMPUR: CIMB Equities Research is maintaining its earnings forecasts and discounted cashflow-based target price of RM23.33 and keeps its Add rating. The last traded price was RM18.54.
The research house said on Wednesday that potential re-rating catalysts would be more products cross-selling, and the recovery of margins in Thailand and domestic sales post the destocking effect.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
