Dayang reinstated outperform at Kenanga

-A +A

KUALA LUMPUR (Aug 21): Kenanga Investment Bank Bhd reinstated coverage of Dayang Enterprise Holdings Bhd with a recommendation of outperform.

* Price target (PT) set to 98 sen, implies 32% increase. Dayang Enterprise Holdings average PT is RM1.06.

* Dayang Enterprise Holdings had 1 buy, 2 holds, 0 sells previously: Bloomberg data

* Analysts lowered their consensus one-year target price for the stock by 14 percent in the past three months. Forecasts range from 68 sen to RM1.06.