KUALA LUMPUR: PublicInvest is maintaining its Outperform call on Kian Joo Can Factory Bhd following first half results that showed earnings of RM62.6mil, or 54% of full year estimates.
The target price has been revised upwards by 56 sen to RM3.64, from RM3.08 based on 12 times FY14 earnings per share of 30.3 sen. The stock was at RM2.90 when the market closed yesterday.
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