Saturday 20 Apr 2024
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KUALA LUMPUR (Oct 20): Credit Suisse analyst Danny Chan upgraded the recommendation on Dialog Group BHD to outperform from neutral.

Chan raised the target price to RM2.60 from RM2, implying an 18 percent increase from the last regular trade. The target is 11 percent above the consensus average of RM2.35. Dialog Group had 10 buy recommendations, 6 holds and 0 sells before today.

In the past, Credit Suisse has rated Dialog Group neutral once and outperform once. The shares rose 15 percent in the period rated neutral and rose 0.5 percent in the period rated outperform.

Analysts raised their consensus one-year target price for the stock by 16 percent in the past three months. Forecasts range from RM1.90 to RM3.07.

 

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