KUALA LUMPUR: Kenanga Investment Research is maintaining its Underperform call on department store operator Aeon Co
. (M) Bhd with a lower target price of RM13.78 from RM13.83.
It said on Friday the downgrade in the target price was after rolling forward to FY15 estimates earnings per share (EPS) based on an unchanged price-to-earnings ratio of 19.0 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!
