KUALA LUMPUR: RHB Research is maintaining a Buy call on Kuala Lumpur Kepong with a slightly lower sum-of-parts derived RM26.25 target price from RM28.35, which is a 22% upside plus 2% yield.
“We believe the recent pullback in KLK’s share price, due to share placement at a discount and subsequent profit taking, is a good buying opportunity.
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