ADVERTISEMENT

CIMB Research retains hold for Axiata, target price RM4.85


KUALA LUMPUR: CIMB Equities Research is retaining its hold call for Axiata with an unchanged sum-of-parts based target price of RM4.85. 

It said on Monday a more significant earnings recovery at Celcom/XL/Robi and narrower digital investment losses are key indicators the market will watch for before turning more positive on Axiata.

   

ADVERTISEMENT