AmInvest Research retains Buy on RHB Bank

AmInvestment Bank Research maintained its BUY call on RHB Bank with an unchanged fair value of RM5.80 a share, pegging the stock to an FY20 P/BV of 0.9 times.

KUALA LUMPUR: AmInvestment Bank Research maintained its BUY call on RHB Bank with an unchanged fair value of RM5.80 a share, pegging the stock to an FY20 P/BV of 0.9 times.

It said on Tuesday the group does not foresee liquidity issues arising from the implementation of the relief measures announced by Bank Negara Malaysia.