Maybank IB said the regional cosmetic retailer may face a prolonged weaker consumer sentiment that could affect the recovery of sales for the group in the coming quarters.
PETALING JAYA: Maybank Investment Bank Research (Maybank IB) has placed a “hold” call on Innature Bhd
with a target price of 35 sen, as challenging times are expected for the personal care retailer.
InNature Bhd is a franchisee for The Body Shop in Malaysia, Cambodia and Vietnam.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
