PublicInvest maintains 'neutral' call on Sime Darby Plantation


KUALA LUMPUR: Public Investment Bank Bhd has maintained its ‘neutral’ call on Sime Darby Plantation Bhd (SDP) with an unchanged target price of RM4.80 after SDP recorded an improved financial performance for the first half of 2022 (1H 2022) ended June 30, 2022.

In a research note today, the investment bank said SDP’s 1H 2022 was in line with its expectations but below consensus estimates.

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