KUALA LUMPUR (Aug 17): TA Securities Holdings Berhad analyst Tan Kam Meng downgraded the recommendation on KPJ Healthcare Bhd to hold from buy.
* Price target (PT) raised to RM1.20 from RM1.14. KPJ Healthcare average PT is RM1.13.
* KPJ Healthcare had 8 buys, 8 holds, 1 sell previously: Bloomberg data
* Analysts haven't changed their consensus one-year target price for the stock in the past six months. Forecasts range from 97 sen to RM1.30.
Performance Metrics
* KPJ Healthcare reported earnings that matched and sales that trailed estimates for the quarter on Aug 16.