Axiata on track to pare debt, sustain dividends


PETALING JAYA: BIMB Research has maintained its “buy” call on Axiata Group Bhd despite the recent surge in the telecommunications company’s stock price.

The research house told clients its target price has been raised to RM3 from RM2.50, based on a sum-of-parts valuation.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Axiata , Edotco , debt , telco

Next In Business News

Matrix Concepts completes fourth round of food aid programme
Stocks wobble, dollar tips as Trump-Fed feud deepens
AIBIM appoints Rafe Haneef as president
Foreign investors turn net buyers with RM42.5mil equities inflow last week
Trading in Sunway, IJM shares suspended pending anouncement
FBM KLCI maintains rally as risk appetite improves
Trading ideas: Capital A, Iconic, UEM, MMAG, Meta Bright, KKB, Global Oriental, Reneuco, ITMAX, Insights Analytics
Ringgit opens marginally lower as US policy repricing lifts DXY
JPMorgan poised to profit from Maduro arrest
Malaysia can rest easy for now

Others Also Read