April 18, 2011

AXIATA - Axiata upgraded to 'outperform' at RHB

Stock Name: AXIATA
Company Name: AXIATA GROUP BERHAD
Research House: RHB

Axiata Group Bhd was raised to “outperform” from “market perform” at RHB Research Institute Sdn Bhd due to the recent share price weakness.

The stock’s fair value was maintained at RM5.75, Lim Tee Yang, an analyst at RHB, wrote in a report today. -- Bloomberg

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