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Affin Hwang upgrades Aeon Credit to buy

Mimi Sabreena 12:12:00 PM Informasi

(Oct 6): Affin Hwang Investment Bank analyst Eileen Tan upgraded the recommendation on Aeon Credit Service (M) Bhd to buy from sell.

Tan raised the target price to RM14.25 from RM9.80, implying an 11% increase from the last close. The target is 6.1% above the consensus average of RM13.44. AEON Credit had one buy recommendation, four holds and one sell before today.

Analysts lowered their consensus one-year target price for the stock by 2.2% in the past three months. Forecasts range from RM12.60 to RM14.27.

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