Friday 26 Apr 2024
By
main news image

KUALA LUMPUR (Jan 14): Macquarie analyst Anand Pathmakanthan upgraded the recommendation on IHH Healthcare Bhd to neutral from underperform.

* Price target (PT) raised to RM5.40 from RM5.10. IHH Healthcare average PT is RM6.08.

* IHH Healthcare had 14 buys, 4 holds, 4 sells previously: Bloomberg data

* Analysts lowered their consensus one-year target price for the stock by 1.7 percent in the past three months. Forecasts range from RM4.50 to RM7.10. 

Performance Metrics

* Investors who followed the analyst's recommendation would have received a 3.9 percent return in the past year, compared with the negative 1.7 percent return on the shares.

* In the past two years and three months, Macquarie has rated IHH Healthcare underperform once, neutral once and outperform once.

* The shares fell 3.9 percent in the period rated underperform, rose 3.3 percent in the period rated neutral and fell 10 percent in the period rated outperform. 

      Print
      Text Size
      Share