RHB Research maintains Buy for DRB-Hicom, TP RM3.30


Proton is on track for the next phase of earnings growth, via increasing market share and tapping into regional markets.

KUALA LUMPUR: RHB Research is maintaining its Buy call on DRB-Hicom with a target price of RM3.30 as Proton’s partnership with Geely has shown rapid positive results.

It said on Wednesday the key earnings catalysts are the further expansion of Proton’s market share, and it tapping into regional markets.

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Deftech , Proton , Geely , RHB Research

   

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