KUALA LUMPUR: Alliance DBS Research is maintaining its Hold call on KPJ Healthcare
with a target price of RM4 based on sum-of-parts valuation after the company announced plans for a 300-bed hospital in Selangor.
The research house said on Friday the RM4 implied a 33 times FY15F earnings per share and 3.7 times price-to-book value.
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