Bursa Malaysia Stock Watch
CIMB - CIMB Group downgraded to 'hold' at ECM
kltrader
Publish date: Tue, 23 Nov 2010, 03:36 PM
kltrader
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Stock Name: CIMB
Company Name: CIMB GROUP HOLDINGS BERHAD
Research House: ECMLIBRA
CIMB Group Holdings Bhd, Malaysia's second biggest lender by market value, was downgraded to "hold" from "buy" at ECM Libra Capital Sdn Bhd.
The research house said in a report today that the stock has already almost reached its share price estimate. ECM Libra said in cut its share target to RM8.80 from RM8.83.
CIMB rose 1.2 per cent to RM8.51 in Kuala Lumpur at 9:25 a.m.
Company Name: CIMB GROUP HOLDINGS BERHAD
Research House: ECMLIBRA
CIMB Group Holdings Bhd, Malaysia's second biggest lender by market value, was downgraded to "hold" from "buy" at ECM Libra Capital Sdn Bhd.
The research house said in a report today that the stock has already almost reached its share price estimate. ECM Libra said in cut its share target to RM8.80 from RM8.83.
CIMB rose 1.2 per cent to RM8.51 in Kuala Lumpur at 9:25 a.m.
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