CIMB Research maintains BAT target price at RM62


KUALA LUMPUR: CIMB Equities Research is maintaining its target price for British American Tobacco (Malaysia) Bhd (BAT) at RM62, which is 1.6% below the last traded price of RM63.

It said on Friday that despite the more challenging outlook, BAT remains a Neutral due to its decent dividend yield of 4%.

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