KUALA LUMPUR (May 15): Maybank Kim Eng analyst Wong Wei Sum downgraded the recommendation on UEM Sunrise Bhd to hold from buy.
* Price target (PT) set to 96 sen. UEM Sunrise average PT is 95 sen.
* UEM Sunrise had 7 buys, 6 holds, 0 sells previously: Bloomberg data
* Analysts lowered their consensus one-year target price for the stock by 7.6 percent in the past six months. Forecasts range from 76 sen to RM1.15.
Performance Metrics
* Investors who followed Wong's recommendation would have received a 3.8 percent return in the past year, the same as the company's performance.