AmInvest retains hold for Sime Darby with fair value of RM2.64


Sime Darby building

KUALA LUMPUR: AmInvestment Research is maintaining its “hold” call on Sime Darby Bhd with an unchanged sum-of-parts based fair value of RM2.64 a share, based on forecast financial year 2021 price-earnings of 11 times for its motor segment.

The research unit said in its latest report that Sime Darby’s share price is seen as fairly valued at current levels with limited upside.

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