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Maybank upgrades Malaysia Marine and Heavy Engineering to buy

Mimi Sabreena 4:00:00 PM Informasi

KUALA LUMPUR (Feb 8): Maybank Kim Eng analyst Liaw Thong Jung upgraded the recommendation on Malaysia Marine and Heavy Engineering Holdings Bhd to buy from hold.

Maybank Kim Eng raised the target price to RM1 from 75 sen implying a 22 percent increase from the last regular trade. The target is 18 percent above the consensus average of 85 sen.

MMHE had 3 buy recommendations, 6 holds and 3 sells previously.

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