January 13, 2011

SIME - Sime raised to 'outperform' at RHB Research

Stock Name: SIME
Company Name: SIME DARBY BHD
Research House: RHB

Sime Darby Bhd, the world’s biggest listed palm oil producer, was upgraded at RHB Research Institute Sdn Bhd, which said potential changes to its earnings portfolio from likely asset sales will benefit investors.

The stock was raised to “outperform” from “market perform” and its fair value increased to RM11.10 from RM9.80, RHB said in a report today. -- Bloomberg

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