KUALA LUMPUR (Dec 21): TA Securities Holdings Bhd analyst Damia Othman upgraded the recommendation on Aeon Co (M) Bhd to hold from sell.

* Price target (PT) set to RM1.72, implies 8.9% increase from last close.

Aeon Co (M) average PT is RM2.30.

* Aeon Co (M) had 3 buys, 3 holds, 1 sell previously: Bloomberg data

* Analysts lowered their consensus one-year target price for the stock by 11 percent in the past three months. Forecasts range from RM1.72 to RM2.76.

Performance Metrics

* Investors who followed the analyst's recommendation would have received a 58 percent return in the past year, compared with the negative 3.2 percent return on the shares.