Public Invest Research keeps Outperform on IGB Corp


KUALA LUMPUR: Public Invest Research is maintaining its Outperform call on IGB Corporation with a target price of RM4.10 with unchanged 30% discount to its realised net asset value estimate of RM5.85.

It said on Monday it still likes IGB for its quality earnings and believes that dividends and share-buyback will limit any downside risk.

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