<div class=newsTextDataWrapInner><p>KUALA LUMPUR (May 17): Maybank Kim Eng analyst Adrian Wong downgraded the recommendation on Sunway Construction Group Bhd to sell from hold.</p></div>

<div class=newsTextDataWrapInner><p>* Price target (PT) lowered to RM1.60 from RM1.70, implies 18% decrease from<br />
last close. Sunway Construction average PT is RM1.76.</p></div>

<div class=newsTextDataWrapInner><p>* Sunway Construction had 4 buys, 7 holds, 3 sells previously: Bloomberg data</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>* Analysts raised their consensus one-year target price for the stock by 8.7 percent in the past three months. Forecasts range from RM1.11 to RM2.30.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>Performance Metrics</p></div>

<div class=newsTextDataWrapInner><p>* Investors who followed Wong's recommendation received a 0 percent return in the past year, compared with a negative 6.2 percent return on the shares.</p></div>


Maybank Kim Eng analyst Adrian Wong downgraded the recommendation on Sunway Construction Group Bhd to sell from hold.

Sunway Construction downgraded to sell at Maybank; price target RM1.60

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