Stock Name: KOSSAN
Company Name: KOSSAN RUBBER INDUSTRIES BHD
Research House: MAYBANK
The Malaysian rubber glove industry was upgraded to "neutral" from "underweight" at Maybank Investment Bank Bhd following recent share price falls.
Kossan Rubber Industries Bhd was upgraded to "buy" from "hold" with an unchanged fair value of RM3.60, according to a report by Maybank analyst Lee Yen Ling today.
Top Glove Corp's fair value was cut to RM4.90 from RM5.40, with a "sell" call, Lee said. -- Bloomberg
Company Name: KOSSAN RUBBER INDUSTRIES BHD
Research House: MAYBANK
The Malaysian rubber glove industry was upgraded to "neutral" from "underweight" at Maybank Investment Bank Bhd following recent share price falls.
Kossan Rubber Industries Bhd was upgraded to "buy" from "hold" with an unchanged fair value of RM3.60, according to a report by Maybank analyst Lee Yen Ling today.
Top Glove Corp's fair value was cut to RM4.90 from RM5.40, with a "sell" call, Lee said. -- Bloomberg
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