CIMB Research raises Petronas Dagangan target price to RM34

  • Business Premium
  • Friday, 01 Nov 2013

KUALA LUMPUR: CIMB Equities Research raised the target price of Petronas Dagangan (PetDag) from RM32.80 to RM34.

It said on Friday that after revving up a record 1H, PetDag's performance decelerated in 3Q due to a drop in Mean of Platts Singapore (MOPS).

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