Bursa Malaysia Stock Watch
NESTLE - Nestle Malaysia raised to 'buy'
kltrader
Publish date: Mon, 30 Aug 2010, 11:03 AM
kltrader
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Stock Name: NESTLE
Company Name: NESTLE (M) BHD
Research House: MAYBANK
Nestle (Malaysia) Bhd, a unit of the world's biggest food company, was raised to "buy" from "hold" at Maybank Investment Bank Bhd to reflect its growth prospects and better margins.
The share-price estimate was increased to RM43.86 from RM29.50, Maybank analyst Khair Mirza said in a report today. -- Bloomberg
Company Name: NESTLE (M) BHD
Research House: MAYBANK
Nestle (Malaysia) Bhd, a unit of the world's biggest food company, was raised to "buy" from "hold" at Maybank Investment Bank Bhd to reflect its growth prospects and better margins.
The share-price estimate was increased to RM43.86 from RM29.50, Maybank analyst Khair Mirza said in a report today. -- Bloomberg
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