PETALING JAYA: Kuala Lumpur Kepong Bhd’s( KLK) outlook is expected to remain sturdy post-IJM Plantations Bhd acquisition, with its long-term strategy to expand its upstream business looking fruitful by the expected higher average selling price of crude palm oil( CPO). MIDF Research has recommended a “ buy ” call on the stock with an unchanged target price( TP) of RM30.18.“ Our unchanged TP is pegged on the financial year 2023( FY23) estimated earnings per share( EPS) of 113 sen based on price ea
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2022-05-26 00:00:00.0