SP Setia: Hold, target price RM4.46

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SP Setia: Hold, target price RM4.46 Sep 19, 2010 NSTP ECM Libra Investment Research has downgraded SP Setia Bhd's (8664) stock to a "hold" recommendation on its belief that the stock is currently fairly valued. The company has a target price of RM4.46, based on upper-end price-to-earnings (PE) valuation of 20 times on current year 2011 earnings. "While earnings visi... More Latest News: Sunway in the Top 10 property developer list (May 25, 2012) WCT launches new shopping mall in Petaling Jaya (May 25, 2012) Permaju to discuss Sabah land development (May 25, 2012) PMINT invests RM400mil in Kuala Terengganu development (May 25, 2012) Rehda lobbies for RM10b annual green allocation (May 23, 2012) Related Categories: News sourced from NSTP Tags: N/A Bookmark:

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