PETALING JAYA: Analysts have reduced their target price for IJM Corp Bhd
and lowered their financial year ended March 31, 2025 (FY25)-FY27 core profit targets for the group following a cut in new order book assumptions.
CIMB Securities Research said it reduced its target price by 17% to RM3.26 and lowered its FY25–FY27 core profit estimates by 1%-2%, factoring in a 33% cut in FY25 new order book assumptions to RM2.7bil.
