February 18, 2011

YTLPOWR - YTL Power lifted to 'market perform' at RHB

Stock Name: YTLPOWR
Company Name: YTL POWER INTERNATIONAL BHD
Research House: RHB

YTL Power International Bhd was upgraded to “market perform” from “underperform” at RHB Research Institute Sdn Bhd, which said it raised its outlook to reflect the growth prospects of its Singapore power utility.

The stock’s fair value was raised to RM2.57 from RM2.20, RHB analyst Lim Tee Yang said in a report today. -- Bloomberg

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