MBSB Research made no changes to its earnings estimates.
PETALING JAYA: Capital A Bhd
continues to work towards getting itself out of Practice Note 17 (PN17) status but MBSB Research has downgraded the stock to a “neutral” from “buy.’’
It believes the stock is fairly valued but kept its target price unchanged at 95 sen a share based on eight-times next year’s earnings per share. It made no changes to its earnings estimates.
