RHB IB ups target price for FGV to RM1.65, expects better earnings from higher CPO prices
KUALA LUMPUR (Dec 12): RHB Investment Bank Bhd (RHB IB) has maintained its "trading buy" call on FGV Holdings Bhd at RM1.42 with a higher target price (TP) of RM1.65 (from RM1.55), and said it anticipated earnings to continue improving on the back of higher crude palm oil (CPO) prices and lower unit costs.
……Read full article on The Edge Markets - Malaysia
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