Positive outlook for Sime Darby


HLIB Research said it expected Sime Darby to continue leveraging on its industrial segment in 2H24.

PETALING JAYA: Sime Darby Bhd has earned positive ratings from most brokerages, following its robust quarterly performance and backed by a promising medium-term outlook.

TA Research, for instance, upgraded its recommendation to “buy” from “hold”, with a higher target price of RM2.84, as compared to RM2.50 previously.

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