KUALA LUMPUR (Sept 19): Macquarie analyst Azita Nazrene downgraded the recommendation on Pos Malaysia Bhd to neutral from outperform.
* Price target (PT) lowered to RM3.40 from RM5.10. Pos Malaysia average PT is RM3.45.
* Pos Malaysia had 2 buys, 1 hold, 4 sells previously: Bloomberg data
* Analysts lowered their consensus one-year target price for the stock by 13 percent in the past three months. Forecasts range from RM3.03 to RM5.27.
Performance Metrics
* Investors who followed the analyts's recommendation would have received a negative 32 percent return in the past year, the same as the company's performance.