KUALA LUMPUR (Aug 9): Macquarie initiated coverage of ViTrox Corp Bhd with a recommendation of outperform.
* Price target (PT) set to RM8. ViTrox average PT is RM7.31.
* ViTrox had 3 buys, 1 hold, 0 sells previously: Bloomberg data
* Analysts raised their consensus one-year target price for the stock by 34 percent in the past three months. Forecasts range from RM3.58 to RM8.25.