Public Invest Research downgrades IJM Corp to 'neutral'
- 6 years ago
Public Investment Bank Research has downgraded IJM Corp to "neutral" from "outperform" at RM6.35 with an unchanged target price of RM6.20.
The research house believes that IJM is fairly valued now after the stock price had moved closer to its target price in anticipation of jobs from the west coast expressway (WCE) in recent months.
The research house believes that IJM is fairly valued now after the stock price had moved closer to its target price in anticipation of jobs from the west coast expressway (WCE) in recent months.