CIMB Research maintains Hold on Hartalega and target price of RM8.23

KUALA LUMPUR: CIMB Equities Research is retaining its Hold call for Hartalega and the target price of RM8.23, which is just 0.1% above the last traded price of RM8.22.

Commenting on the earnings for FY15, the research house said on Wednesday the world’s largest synthetic glove manufacturer’s net profit was at 97.5% of its full-year forecast.