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.