Maybank IB Initiates Coverage On Boustead Plantations

  • 6 years ago
Maybank Investment Bank (Maybank IB) has initiated coverage on boustead plantations with a "buy" call and a target price of 2 ringgit 16 sen.

Maybank IB estimated a net profit Compounded Annual Growth Rate (CAGR) of 32 percent, for the upstream plantation company from 2013 to 2016.

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