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Maybank Investment raised the target price of Islamic lender BIMB Holdings to RM2.95 per share from RM2.55 on higher valuations and rising profitability.
The investment bank said it expected Bank Islam net profit to rise in 2012-13 due to an upward revision in fee incomes. There was also growth potential from its Indonesian operations, which were still in their infancy, Maybank Investment said………………………………………..Full Article: Source
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Islamic Finance Briefing - Categorized | Banking, Capital Market (Equity, Mutual Funds), Finance more
Maybank raises BIMB target price
| Posted on 03 May 2012 |
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