KUALA LUMPUR (Nov 14): KAF Seagroatt & Campbell analyst Syed Azri Idid upgraded the recommendation on IHH Healthcare Bhd to buy from hold.
* Price target (PT) set to RM5.20, implies 13% increase. IHH Healthcare average PT is RM6.18.
* IHH Healthcare had 11 buy, 8 holds, 3 sells previously: Bloomberg data
* Analysts lowered their consensus one-year target price for the stock by 5.9 percent in the past three months. Forecasts range from RM5.10 to RM7.10.
Performance Metrics
* Investors who followed the analyst's recommendation received a 0 percent return in the past year, compared with a negative 19 percent return on the shares.