KUALA LUMPUR: UOB Kay Hian Malaysia Research is maintaining its end-14 FBM KLCI target at 1,900, with upside once Tenaga Nasional comes under coverage.
It said on Friday its target was pegging the market at around 15.3 times prospective price-to-earnings(PE) and +0.4 standard deviation versus its long-term average PE.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
