June 2, 2011

AIRASIA - AirAsia a 'neutral' at Goldman Sachs

Stock Name: AIRASIA
Company Name: AIRASIA BHD
Research House: GOLMAN SACHS

AirAsia Bhd was rated “neutral” in new coverage at Goldman Sachs Group Inc., which said returns will probably “remain flat due to unit cost inflationary pressure.”

The brokerage set the share-price estimate at RM3.20, according to a report by analysts Hino Lam and Ricky Tsang. –- Bloomberg

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