KUALA LUMPUR (April 27): UOB Kay Hian analyst Mong Huey Ooi upgraded the recommendation on TH Plantations Bhd to hold from sell. 

* Price target (PT) set to 77 sen, implies 1.9% decrease. TH Plantations average PT is RM1.03

* TH Plantations had 0 buys, 2 holds, 1 sell previously: Bloomberg data

* Analysts lowered their consensus one-year target price for the stock by 5.7 percent in the past six months. Forecasts range from 77 sen to RM1.22. 

Performance Metrics

* Investors who followed the analyst's recommendation would have received a 31 percent return in the past year, compared with the negative 31 percent return on the shares.