CIMB IB Research lowers target price for MISC to RM6.80

CIMB IB Research lowers target price for MISC to RM6.80
CIMB IB Research has maintained its “Hold” rating on MISC Bhd at RM7 with a lower target price of RM6.80 (from RM6.87) and said MISC’s 1Q18 core net profit of US$86.6 million was only 18% of house previous full-year forecast and 16% of consensus, below expectations by a wide margin. In a note today, the ... read more
Source: Shipping NewsPublished on 2018-05-16
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