KUALA LUMPUR: CIMB Research has maintained its Hold recommendation on MSM with a target price of RM5.22 based on an FY15 price-to-earnings (P/E) of 14.3 times.
In a note on Thursday, CIMB Research said MSM's 1H14 net profit was broadly in line, making up 56% of its and consensus full-year forecast.
