September 24, 2010

SPSETIA - 'Hold' rating on SP Setia retained

Stock Name: SPSETIA
Company Name: SP SETIA BHD
Research House: MAYBANK



Maybank likes SP Setia for its market leader position, revenue visibility and views it as a proxy to the booming local property demand.

Maybank maintains its forecasts, but raise target price to RM4.91, adding that the stock remains a 'Hold' with just an 8 per cent upside to target price.


No comments:

Post a Comment