Stock Name: PCHEM
Company Name: PETRONAS CHEMICALS GROUP BHD
Research House: DEUTSCHE
Petronas Chemicals Group Bhd, a unit of Malaysia's state oil and gas company, was rated new "buy" at Deutsche Bank AG with a share price estimate of RM6.33.
The company's earnings are likely to rise from the financial year March 31, 2011 after a two-year decline, bolstered by higher product prices and volumes, Deutsche said in a report today. -- Bloomberg
Company Name: PETRONAS CHEMICALS GROUP BHD
Research House: DEUTSCHE
Petronas Chemicals Group Bhd, a unit of Malaysia's state oil and gas company, was rated new "buy" at Deutsche Bank AG with a share price estimate of RM6.33.
The company's earnings are likely to rise from the financial year March 31, 2011 after a two-year decline, bolstered by higher product prices and volumes, Deutsche said in a report today. -- Bloomberg
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