PETALING JAYA: AllianceDBS Research is maintaining its “buy” call on KPJ Healthcare Bhd
, but with a lower target price of RM1.10 a share compared with its previous target price of RM1.30.
It said although the group’s operations are hampered by the Covid-19 pandemic and extended movement control order (MCO), it believes this was only temporary in nature and its operations will start picking up from the second half of this year.
In yesterday’s trading the stock closed unchanged at 88 sen.
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