RCECAP : [Stock Watch] [News]
RCE Capital Bhd
's long-term growth catalyst will stem from its foray into Vietnam, according to Kenanga Research. “We reiterate a buy recommendation on RCE Capital with a target price of RM1.15. The target price gives the stock an upside potential of 117%,” the brokerage said, adding that the consumer credit company's direct salary deduction scheme ensured low payment default risk for the firm.
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!
