KUALA LUMPUR (Sept 7): KAF Seagroatt & Campbell initiated coverage of UEM Sunrise Bhd with a recommendation of buy.
* Price target (PT) set to RM1.20, implies 41% increase from last close. UEM Sunrise average PT is RM1.07.
* UEM Sunrise had 4 buys, 9 holds, 1 sell previously: Bloomberg data
* Analysts lowered their consensus one-year target price for the stock by 15 percent in the past six months. Forecasts range from 76 sen to RM1.50.