CIMB Research ups SapuraKencana target price to RM7

KUALA LUMPUR: CIMB Equities Research has raised the oil and gas player SapuraKencana Petroleum’s target price from RM6.75 to RM7, which is 75.4% above the last traded price of RM3.99.

It said on Tuesday the SapuraKencana made four gas discoveries at its 40%-owned SK408 field, capping a successful exploration campaign.

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CIMB Equities Research , oil and gas player , SapuraKencana Petroleum , target price

   

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