KUALA LUMPUR: CIMB Equities Research expects better quarters ahead for Genting Bhd and maintains its target price of RM13.10, which is 33.7% above the last traded price of RM9.80.
It said on Friday the first quarter ended March 31, 2014 core earnings per share was in line with expectations at 23% of its full-year forecast and 25% of consensus.
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