KUALA LUMPUR: RHB Research has kept its earnings estimates on Pos Malaysia Bhd
on optimism over the postal operator's turnaround prospects and leading position in the parcel delivery market.
However, the research house, which has a "buy" call on the stock, raised its target price to RM1.45 from RM1.40 previously after rolling forward its base year to FY22, which implies a forward price-book value of 0.9x.
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