Stock Name: MISC
Company Name: MISC BHD
MISC Bhd. was upgraded at RHB Research Institute Sdn Bhd to reflect higher valuations for the Malaysian shipping group's offshore vessels.
The stock was raised to "outperform" from "underperform" and its fair value increased to RM8.47 from RM7.26, Joshua CY Ng, an analyst at RHB, wrote in a report today.
Rival Bumi Armada Bhd's initial public offering has increased the valuations of MISC's offshore assets, he said. - Bloomberg
Company Name: MISC BHD
| Research House: RHB | Price Call: BUY | Target Price: 8.47 |
MISC Bhd. was upgraded at RHB Research Institute Sdn Bhd to reflect higher valuations for the Malaysian shipping group's offshore vessels.
The stock was raised to "outperform" from "underperform" and its fair value increased to RM8.47 from RM7.26, Joshua CY Ng, an analyst at RHB, wrote in a report today.
Rival Bumi Armada Bhd's initial public offering has increased the valuations of MISC's offshore assets, he said. - Bloomberg
No comments:
Post a Comment