The previous target prices from DBS, Maybank KE and CGS-CIMB were $1.73, $1.68 and $1.58 respectively, while UOB KH’s target price remained unchanged.
Analysts from four brokerages have all maintained their “buy” or “add” calls on UMS Holdings, with three raising their target prices.
Target prices from DBS Group Research, Maybank Kim Eng, CGS-CIMB Research and UOB Kay Hian are at $1.80, $1.71, $1.63 and $1.66 respectively
