KUALA LUMPUR (April 27): Maybank Kim Eng analyst Ivan Yap upgraded the recommendation on ViTrox Corp Bhd to hold from sell.
* Price target (PT) set to RM5, implies 1.8% decrease. ViTrox average PT is RM5.97
* ViTrox had 2 buys, 1 hold, 1 sell previously: Bloomberg data
* Analysts raised their consensus one-year target price for the stock by 6.9 percent in the past three months. Forecasts range from RM3.58 to RM6.10.
Performance Metrics
* Investors who followed Yap's recommendation would have received a 44 percent return in the past year, compared with the 94 percent return on the shares.