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Genting Malaysia upgraded to Buy at Maybank; TP RM5.70

Mimi Sabreena 3:06:00 PM Informasi

(May 17): Maybank Kim Eng analyst Shao Yang Yin upgraded the recommendation on Genting Malaysia Bhd to Buy, from Hold.

* TP raised to RM5.70 from RM5.35, implies 12% increase.

Genting Malaysia average TP is RM6.10.

* Genting Malaysia had 13 Buys, 6 Holds, 1 Sell previously: Bloomberg data

* Analysts raised their consensus one-year target price for the stock by 5.5% in the past three months. Forecasts range from RM4.95 to RM9.

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