November 1, 2010

KFC - AmResearch keeps 'buy' rating on KFC

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



AmResearch re-affirmed "BUY" rating on KFC Holdings Bhd (KFC) with enticing earnings growth from KFC India.

The research house said it was according a small premium to reflect an expected robust earnings growth of KFC India.

"We re-affirm our BUY rating on KFC with a higher fair value of RM4.15 per share," said AmResearch in a research note today. - Bernama


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