Thursday 28 Mar 2024
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KUALA LUMPUR (July 18): Macquarie analyst Ben Shane Lim upgraded the recommendation on Bumi Armada Bhd to outperform from neutral.

* Price target (PT) set to 89 sen. Bumi Armada average PT is 97 sen

* Bumi Armada had 13 buys, 4 holds, 1 sell previously: Bloomberg data

* Analysts raised their consensus one-year target price for the stock by 7.2 percent in the past six months. Forecasts range from 79 sen to RM1.22.

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