KUALA LUMPUR: CIMB Equities Research has raised the target price for Daibochi Plastic & Packaging from RM3.68 to RM4.19.
It said on Thursday it maintained its FY14-16 EPS forecasts but raised its target price as it rolled forward to end-2015, applying 13 times CY15 P/E, which is its sector P/E target.
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