Thursday 28 Mar 2024
By
main news image

KUALA LUMPUR (Aug 23): Maybank Kim Eng analyst Wong Wei Sum upgraded the recommendation on Tambun Indah Land Bhd to buy from hold.

* Price target (PT) raised to RM1.06 from 91 sen, implies 7.1% increase from last close. Tambun Indah Land average PT is 85 sen.

* Tambun Indah Land had 0 buys, 5 holds, 0 sells previously: Bloomberg data

* Analysts lowered their consensus one-year target price for the stock by 13 percent in the past three months. Forecasts range from 81 sen to RM1.64. 

Performance Metrics

* Investors who followed the analyst's recommendation received a 0 percent return in the past year, compared with a negative 13 percent return on the shares.

      Print
      Text Size
      Share