PETALING JAYA: Analysts are upgrading Asia File Corp Bhd shares to a “buy”, given positive developments that include the company’s acquisition of a European dividers producer and a proposed bonus issue.
Kenanga Research has revised upwards its target price to RM8.60 from RM6.30 previously on the company’s high growth potential while TA Securities’ one-year target price has been readjusted to RM8.85 from RM7.50 before.
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