KAF Seagroatt & Campbell upgrades Berjaya Food to buy

-A +A

(April 11): KAF Seagroatt & Campbell analyst Benny Chew upgraded the recommendation on Berjaya Food Bhd to buy from hold.

* Price target (PT) raised to RM2.01 from RM1.45, implies 21% increase. Berjaya Food average PT is RM2.10.

* Berjaya Food had six buys, one hold, 0 sells previously: Bloomberg data.

* Analysts raised their consensus one-year target price for the stock by 14% in the past three months. Forecasts range from RM2 to RM2.25.