CIMB Research retains Add for Only World Group at TP of RM2.62


KUALA LUMPUR:  CIMB Equities Research is maintaining its Add rating for Only World Group Holdings Bhd (OWG) with a target price of RM2.62, which is an upside of 68.9% from its last traded price of RM1.55.

It said on Wednesday the target price was based on 19 times CY16 EPS, a 20% discount to the target P/E of its larger cap F&B peers.

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