Maybank IB Research retains Hold for Axiata, TP RM3.90


Axiata is exploring ways for value creation from 2020 to 2024.

KUALA LUMPUR: Maybank Investment Bank Research is maintaining its Hold call on Axiata with an unchanged target price of RM3.90 as its near-term earnings recovery thesis having largely played out.

The research house said on Friday Axiata intends to transition into a “high dividend” company.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Axiata , dividend , Maybank IB Research

   

Next In Business News

Ringgit to see tight trading amid cautious mode next week
PM Anwar: RM1.24bil potential export to Peru generated
Boxed-in markets seek safety
Cropmate seeks to raise RM42mil to buy factories
Climate funding at stake
What could go wrong, or right?
The spirit of enterprise
Kossan’s nine-month earnings surge by 588%
Don’t delay merger control, empower MyCC as the sole regulator
Robust economy to boost banking

Others Also Read