KUALA LUMPUR: Affin Investment Research is maintaining its ADD recommendation to MMC Corporation with an unchanged target price of RM2.80 a share.
It said on Thursday it would accumulate on share price weakness as MMC's earnings prospects are expected to improve with the rollout of the KL mass rapid transit project - complementing the tail-end progress billing for the Double Tracking Project.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!