Berjaya Sports Toto cut to hold at CIMB; price target RM2.62

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KUALA LUMPUR (June 19): CIMB analyst Nigel Foo downgraded the recommendation on Berjaya Sports Toto Bhd to hold from add.

* Price target (PT) set to RM2.62, implies 0.8% increase from last close. Berjaya Sports Toto average PT is RM2.51.

* Berjaya Sports Toto had 5 buys, 4 holds, 2 sells previously: Bloomberg data

* Analysts raised their consensus one-year target price for the stock by 2.7 percent in the past three months. Forecasts range from RM2 to RM3.15.