SINGAPORE (June 8): Nomura analyst Abhishek Nigam downgraded the recommendation on Malaysia Marine and Heavy Engineering Holdings Bhd to neutral from buy.
* Price target (PT) lowered to 82 sen from RM1.05. MMHE average PT is 88 sen
* MMHE had 6 buys, 6 holds, 0 sells previously: Bloomberg data
* Analysts raised their consensus one-year target price for the stock by 11 percent in the past six months. Forecasts range from 75 sen to RM1.13.