KUALA LUMPUR (June 27): TA Securities Holdings Bhd analyst Wendy Chiann Wen Thiam downgraded the recommendation on Selangor Properties Bhd to sell from hold.

* Price target (PT) lowered to RM4.11 from RM5.10, implies 0.7% decrease from last close. Selangor Properties average PT is RM4.40

* Selangor Properties had 0 buys, 2 holds, 0 sells previously: Bloomberg data

Performance Metrics

* Investors who followed the analyst's recommendation would have received a negative 0.4 percent return in the past year, compared with the negative 12 percent return on the shares.