Affin Hwang: CIMB on track for earnings recovery


KUALA LUMPUR: Affin Hwang Capital Research believes that CIMB Group remains on track for an earnings recovery and the upcoming second quarter results could provide further confirmations.

“With its share price trading at distressed level, we believe that downside risks may be limited. Maintain buy on CIMB with our target price of RM5,” it said.

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Business , CIMB , Affin , Hwang

   

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