$COASTAL / 5071 (COASTAL CONTRACTS BHD)
Research by TA
Hold - TP RM1.88
"Weaker-than-expected performance"
Following the change in our earnings forecasts, we lower our TP to RM1.88/share (previous RM1.90/share) based on sum-of-parts valuation. Downgrade from Buy to Hold.
Analyst:
Lee Yun Leon
yllee@ta.com.my