KUALA LUMPUR: Petronas Dagangan Bhd faces a bleak outlook as the global travelling restrictions are compounding earnings pressure from lacklustre domestic demand growth, says Kenanga research
The research house, which has an underperform rating on the stock, slashed its target price to RM17.95 from RM20.06 previously.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!