Berjaya Food reinstated buy at AmInvestment Bank

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KUALA LUMPUR (Sept 4): AmInvestment Bank reinstated coverage of Berjaya Food Bhd with a recommendation of buy.

* Price target (PT) set to RM2.01. Berjaya Food average PT is RM1.73.

* Berjaya Food had 2 buys, 4 holds, 0 sells previously: Bloomberg data

* Analysts lowered their consensus one-year target price for the stock by 12 percent in the past three months. Forecasts range from RM1.45 to RM2.01.