Friday 29 Mar 2024
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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.

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