KUALA LUMPUR: Kenanga Research has initiated coverage on BP Plastics Holdings Bhd with an "outperform" rating and target price of RM2.50.
The research house said in its initiation note it is bullish on BP Plastics for its sales volume growth as it gains market share from its competitors and ability to cater for extra orders from customers with its utilisation rate of 75%.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
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!