SINGAPORE (June 14): Nomura analyst Raghavendra Divekar upgraded the recommendation on IHH Healthcare Bhd to buy from neutral.
* Price target (PT) raised to RM7.10 from RM6.20. IHH Healthcare average PT is RM6.66
* IHH Healthcare had 12 buys, 9 holds, 2 sells previously: Bloomberg data
* Analysts raised their consensus one-year target price for the stock by 1.6 percent in the past three months. Forecasts range from RM5.10 to RM8.10.
Performance Metrics
* Investors who followed Divekar's recommendation received a 0 percent return in the past year, compared with a 2.2 percent return on the shares.