RHBCap downgraded to 'hold'
Page 1 of 1
RHBCap downgraded to 'hold'
RHB Capital Bhd, a Malaysian lender, was downgraded to “hold” from “buy” at Maybank Investment Bank Bhd, which reduced the stock’s valuation after bank merger talks were scrapped.
The stock’s share estimate was cut to RM9.40 from RM10.40, analyst Desmond Ch’ng wrote in a report today. -- Bloomberg
hlk- Moderator
- Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia
Similar topics
» MAS downgraded, stock at 6-week low
» Tenaga downgraded, stock tumbles
» Top Glove downgraded, stock slips
» Bumi Armada downgraded to 'neutral'
» Faber downgraded, stock declines
» Tenaga downgraded, stock tumbles
» Top Glove downgraded, stock slips
» Bumi Armada downgraded to 'neutral'
» Faber downgraded, stock declines
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum