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Maybank upgrades Malaysia Airports to hold

Maybank upgrades Malaysia Airports to hold

KUALA LUMPUR (April 12): Maybank Kim Eng analyst Mohshin Aziz upgraded the recommendation on Malaysia Airports Holdings Bhd to hold from sell.

* Price target (PT) raised to RM8.52 from RM8.11, implies 6.6% decrease from last close. Malaysia Airports average PT is RM9.59

* Malaysia Airports had 11 buy, 6 holds, 4 sells previously

* Analysts raised their consensus one-year target price for the stock by 1.9 percent in the past three months. Forecasts range from RM7.16 to RM12.40.

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