KUALA LUMPUR: Kenanga Investment Research retains its Underperform rating for Perisai Petroleum Teknologi with a target price of 45 sen only as the extension for the bareboat charters had already been accounted for.
The research house said on Tuesday its target price was based on an unchanged CY15 price-to-earnings ratio (PER) of 7.0 times.
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!
