KUALA LUMPUR: News that SapuraKencana had won a RM576mil contract for engineering, procurement, construction, installation and commissioning (EPCIC) job from Trans Thai-Malaysia (Malaysia) Sdn Bhd has seen it continue to be a firm favourite with analysts.
AmResearch is maintaining its Buy call with a fair valuation of RM4.65, 60 sen over the current trading price of around RM4.02; Hong Leong Investment is more optimistic, setting target price at RM4.74 – unchanged from its previous call, while MIDF Research has it at RM4.86.