CIMB Research ups Hartalega target price to RM6.11


KUALA LUMPUR: CIMB Equities Research has raised its target price forHartalega from RM5.69 to RM6.11 as it raises its target price-to-earnings (P/E) from 15.6 times to 16.8 times.

The research house said on Wednesday the FY13 core EPS was in line at 101% and 102% of its and consensus full year forecasts.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

CIMB Research , Hartalega , Target Price

   

Next In Business News

Chin Hin taps Ajiya for two-year RM250mil loan
MI Technovation posts three-fold surge in net profit
CIMB Securities eyes larger market share
InNature diversifies into the F&B industry
Yinson’s RM16bil debt too big to ignore
Leap in operating income for UOB’s retail banking
Paramount emerges as major shareholder in EWI
New capacity in the pipeline
March industrial production index up 2.4%, but below forecast
Data centre – boon or bane?

Others Also Read