CIMB Research lowers IJM Corp target price


KUALA LUMPUR: CIMB Equities Research has lowered the target price for IJM Corp from RM8.35 to RM8 as it reported lower than expected earnings in the financial year ended March 31, 2015.

The research house said on Wednesday IJM Corp's FY3/15 core net profit made up 83% of its full-year forecast and 85% of consensus.

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