AmInvest Research upgrades Sapura Energy to Buy, ups target price to 50c - Business News - News Summed Up

AmInvest Research upgrades Sapura Energy to Buy, ups target price to 50c - Business News


KUALA LUMPUR: AmInvestment Research upgraded its call on Sapura Energy (Sapura) to Buy from Hold with a higher fair value of 50 sen a share from an earlier 30 sen.The research house said on Friday this was based on a lower 30% discount to its estimated diluted book value of 72 sen a share, following the completion of its RM4bil rights issue.


Source: The Star March 15, 2019 03:33 UTC



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