Kenanga Research said PIE was in advanced discussions with several prospective customers.
PETALING JAYA: Analysts continue to like electronics manufacturing services provider PIE Industrial Bhd
(PIE) for its comprehensive skill set, competitive advantage as well as a diversified and evolving client base.
In a report to clients, Kenanga Research said it was maintaining its target price at RM5.52 a share for the stock, based on financial year ending Dec 31, 2025 (FY25) earnings per share pegged to an unchanged price earnings ratio of 21.6 times, representing a 10% discount to peers.
