KUALA LUMPUR: RHB research is positive over Sarawak Oil Palms Bhd (SOP) as the planter revealed measures it had taken to mitigate the effects of the coronavirus on its operations.
In its recent report, the research house raised its FY20 earnings on the counter by 14.8% and left its FY21-22 forecasts unchanged. It raised its target price to RM2.70 from RM2.35 previously.
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