Stock Name: KLK
Company Name: KUALA LUMPUR KEPONG BHD
Research House: CITI GROUP
Kuala Lumpur Kepong Bhd had its stock rating raised to "buy" from "hold" by Penny Yaw at Citigroup, who cited a higher palm oil price forecast and better prospects for manufacturing and retail.
The brokerage increased its share-price estimate by 20 per cent to RM21.50. -- Bloomberg
Company Name: KUALA LUMPUR KEPONG BHD
Research House: CITI GROUP
Kuala Lumpur Kepong Bhd had its stock rating raised to "buy" from "hold" by Penny Yaw at Citigroup, who cited a higher palm oil price forecast and better prospects for manufacturing and retail.
The brokerage increased its share-price estimate by 20 per cent to RM21.50. -- Bloomberg
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