Stock Name: ECS
Company Name: ECS ICT BERHAD
KUALA LUMPUR: Kenanga Research expects ECS ICT Bhd's outlook to remain bright, underpinned by robust information technology spending and encouraging market trends.
The research house anticipated a better second half performance from the information and communications technology (ICT) product distributor underpinned by stronger sales from all its business segments due to more product launches and seasonality factors.
However, it said in a research note today it was maintainig ECS ICT's "outperform" valuation and pre-bonus target price at RM1.70.
-- BERNAMA
Company Name: ECS ICT BERHAD
| Research House: KENANGA | Price Call: BUY | Target Price: 1.70 |
KUALA LUMPUR: Kenanga Research expects ECS ICT Bhd's outlook to remain bright, underpinned by robust information technology spending and encouraging market trends.
The research house anticipated a better second half performance from the information and communications technology (ICT) product distributor underpinned by stronger sales from all its business segments due to more product launches and seasonality factors.
However, it said in a research note today it was maintainig ECS ICT's "outperform" valuation and pre-bonus target price at RM1.70.
-- BERNAMA
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