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Telekom Malaysia raised to buy at KAF Seagroatt & Campbell

Mimi Sabreena 3:04:00 PM Informasi

KUALA LUMPUR (April 10): KAF Seagroatt & Campbell analyst Shafiq Kadir upgraded the recommendation on Telekom Malaysia Bhd to buy from hold.

* Price target (PT) set to RM6.40, implies 14% increase. Telekom Malaysia average PT is RM6.62

* Telekom Malaysia had 14 buys, 12 holds, 1 sell previously

* Analysts lowered their consensus one-year target price for the stock by 2.2 percent in the past three months. Forecasts range from RM4.99 to RM7.90.

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