KUALA LUMPUR: RHB Research has cut Caring Pharmacy’s target price by 17 sen to RM1.10 from RM1.27 while maintaining its Neutral call on the stock after the latest Q2 results came in below expectations.
Caring’s earnings for the first six months of the 2015 financial year were at just 35% of full-year forecast, the research house noted.
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!
