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CIMB Research has Outperform on Jobstreet
by hlk Mon 18 Jul 2011, 13:05
KUALA LUMPUR: CIMB Equities Research has an Outperform on Jobstreet and leaves its earnings forecasts for FY11-13 unchanged.
It said on Monday, July 18 it is retaining its target price of RM3.77, which it continues to peg to 22.6 times FY12 price-to-earnings, on par with its peers.
“The stock remains an OUTPERFORM as the strong volumes and earnings momentum could spark a re-rating,” it said.
It said on Monday, July 18 it is retaining its target price of RM3.77, which it continues to peg to 22.6 times FY12 price-to-earnings, on par with its peers.
“The stock remains an OUTPERFORM as the strong volumes and earnings momentum could spark a re-rating,” it said.
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