<div class=newsTextDataWrapInner><p>KUALA LUMPUR (July 31): Credit Suisse analyst Danny Chan upgraded the recommendation on Axiata Group Bhd to outperform from neutral.</p></div>

<div class=newsTextDataWrapInner><p>* Price target (PT) set to RM5.10. Axiata average PT is RM5.36.</p></div>

<div class=newsTextDataWrapInner><p>* Axiata had 12 buys, 15 holds, 1 sell previously: Bloomberg data</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>* Analysts lowered their consensus one-year target price for the stock by 5.1 percent in the past three months. Forecasts range from RM3.90 to RM6.40.</p></div>

<div class=newsTextDataWrapInner><p>Performance Metrics</p></div>

<div class=newsTextDataWrapInner><p>* Investors who followed Chan's recommendation received a 0 percent return in the past year, compared with a negative 6.1 percent return on the shares.<br />
&nbsp;<br />
* In the past three years and one month, Credit Suisse has rated Axiata neutral once and outperform once.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>* The shares fell 9.8 percent in the period rated neutral and fell 25 percent in the period rated outperform.&nbsp;</p></div>


KUALA LUMPUR (July 31): Credit Suisse analyst Danny Chan upgraded the recommendation on Axiata Group Bhd to outperform from neutral.

* Price target (PT) set to RM5.10. Axiata average PT is RM5.36.

* Axiata had 12 buys, 15 holds, 1 sell previously: Bloomberg data

* An...

Axiata upgraded to outperform at Credit Suisse

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