CIMB Research ups Westports target price to RM4.28


Exports slumped 5.3% year-on-year to RM59.9bil compared to a survey of a 2.5% gain while imports fell 4.8% to RM57.9bil compared to a survey for a 1.5% slide

KUALA LUMPUR: CIMB Equities Research has raised the discounted cash flow (DCF) target for Westports to RM4.28 on the assumption of a 20% tariff hike effective Jan 1, 2016.

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