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Dialog Group downgraded to hold at Maybank

June 10, 2018 by www.theedgemarkets.com

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KUALA LUMPUR (June 11): Maybank Kim Eng analyst Liaw Thong Jung downgraded the recommendation on Dialog Group Bhd to hold from buy.

* Price target (PT) raised to RM3.58 from RM3.50. Dialog Group average PT is RM3.42

* Dialog Group had 9 buys, 7 holds, 0 sells previously: Bloomberg data

* Analysts raised their consensus one-year target price for the stock by 17 percent in the past three months. Forecasts range from RM2.95 to RM4. 

Performance Metrics

* Investors who followed the analyst’s recommendation would have received a 56 percent return in the past year, compared with the 76 percent return on the shares.

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