KUALA LUMPUR: CIMB Equities Research has retained Genting Malaysia’s target price at 5.70, which is 34.4% above the last traded price of RM4.24.
It said on Wednesday Genting Malaysia’s shares have drifted flat in line with the market over the last 12 months after the initial favourable response to the announcement of the RM5bil Genting Integrated Tourism Plan (GITP).
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