ADVERTISEMENT

CIMB Research starts coverage of Eita with Add, target price of RM2.40


CIMB Research: "Eita’s return on equity (ROE) is the highest among our small and mid-cap stock universe."

CIMB Research: "Eita’s return on equity (ROE) is the highest among our small and mid-cap stock universe."

KUALA LUMPUR: CIMB Equities Research has initiated coverage of Eita Resources Bhd with an Add and target price of RM2.40, which is 45.5% above the last traded price of RM1.65.

Listed on the Main Board, Eita’s core business is the manufacture and installation of elevators, escalators and bus duct systems. Other businesses include distribution of electrical and electronics (E&E) components and service maintenance of elevators.

Analyst Reports

   

ADVERTISEMENT