June 23, 2010

KFC - KFCH jumps after MIDF Research ups target price to RM10.24

Stock Name: KFC
Company Name: KFC HOLDINGS (M) BHD
Research House: MIDF

KUALA LUMPUR: KFC Holdings Bhd share price jumped on Wednesday, June 23 after MIDF Research reiterated its buy call on the stock and upped its target price to RM10.24 from RM8.95.

At 9.40am, KFCH added 90 sen to RM10 with 664,400 shares traded.

"We continue to like KFCH on its sound fundamentals, impressive double-digit ROE of 18.1% in average'' for the past three years and strong brand name," said MIDF Research.


No comments:

Post a Comment