Bursa Malaysia Stock Watch
AXIATA - Axiata raised to 'buy' at Maybank
kltrader
Publish date: Tue, 21 Sep 2010, 01:37 PM
kltrader
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Stock Name: AXIATA
Company Name: AXIATA GROUP BERHAD
Research House: MAYBANK
Axiata Group Bhd, owner of Malaysia's second-biggest mobile-phone operator, was upgraded at Maybank Investment Bank Bhd to reflect earnings growth prospects and "undemanding" valuations.
The stock was raised to "buy" from "hold" and its share price estimate increased to RM5.10 from RM4, Tan Chi Wei, an analyst at Maybank, said in a report today. - Bloomberg
Company Name: AXIATA GROUP BERHAD
Research House: MAYBANK
Axiata Group Bhd, owner of Malaysia's second-biggest mobile-phone operator, was upgraded at Maybank Investment Bank Bhd to reflect earnings growth prospects and "undemanding" valuations.
The stock was raised to "buy" from "hold" and its share price estimate increased to RM5.10 from RM4, Tan Chi Wei, an analyst at Maybank, said in a report today. - Bloomberg
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