Leong Hup perks up after Credit Suisse rates it outperform

Leong Hup International Bhd's corporate office. Credit Suisse initiated coverage with an outperform call and a target price of RM1.

KUALA LUMPUR: Poultry company Leong Hup International Bhd saw its shares climb to a high of 87 sen on Tuesday after Credit Suisse initiated coverage with an outperform call and a target price of RM1.

At 5pm, the shares were up 3.5 sen to 86 sen with 7.62 million shares. This was the highest since Aug 6.