PETALING JAYA: Gamuda Bhd
is riding a wave of growth momentum in both Vietnam and Malaysia, with analysts reaffirming bullish outlooks on the construction and property group as it deepens its overseas footprint and builds recurring income through utilities.
Analysts at Kenanga Research, CGS International Research (CGSI Research), and MBSB Research all maintained positive calls on the stock, with target prices (TP) ranging from RM6.13 to RM7.30, reflecting up to 43% upside potential from its current RM5.14 level.
