RHB maintains 'buy' on Bermaz Auto, cuts TP to RM2.70


KUALA LUMPUR: RHB research has trimmed its FY20F-22F earnings forecasts for Bermaz Auto Bhd after factoring a more conservative sales assumption and lower associate contribution by Inokom Corp.

The research house maintained its buy recommendation on the stock but lowered its target price to RM2.70.

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