MIDF Research raises target price for Bermaz Auto to RM2.67
KUALA LUMPUR (Dec 9): MIDF Research has maintained its “Buy” rating on Bermaz Auto Bhd at RM1.99 with a higher target price (TP) of RM2.67 (from RM2.36) and said Bermaz’s 1HFY23 core earnings beat estimates.
In a note on Friday (Dec 9), the research house said Bermaz’s 1HFY23 interim dividend more than triple last year’s.
……Read full article on The Edge Markets - Automotive
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