$QL / 7084 (QL RESOURCES BERHAD)
Research by TA
Hold – TP RM7.21
"1QFY25 Within Our Expectations”
We revised our DCF-driven TP to RM7.21/share (k: 6.1%; g: 3.0%) after incorporating a 4-star ESG premium. Downgrade the stock to Hold from Buy due to limited risk-reward potential.
Analyst:
Liew Yi Jiet
yjliew@ta.com.my