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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

RHB Bank , AmInvest Research , fair value

   

Next In Business News

Alpha IVF remains committed to its growth strategy
Jentayu hopes to sign PPA for Sipitang hydropower plant by mid-year
Malaysia needs up to RM90bil to fund critical energy projects in next 10 years
GDEX to diversify into IT services and solutions
Bursa Malaysia collaborates with UK's MOBILIST to enable greater investment in energy transition
MIDA appoints Sikh Shamsul Ibrahim as CEO
Bursa Malaysia continues downtrend with over 1,000 counters in red
Asian bonds see first monthly outflow in five on easing US rate-cut hopes
CTOS, airasia academy team up to empower SMEs through strategic business education
Indonesia intervenes to stem rupiah's slide after currency hits 4-year low

Others Also Read