Top Glove Target Price Citibank
Top glove corporation supercharged by higher asp.
Top glove target price citibank. But a long citi research report 62 pages no less on the industry and its top players published on 11 aug raised earnings forecasts and target prices for asean glove makers. Investingbasics despite prime minister boris johnson s claim that 70 of personal protective equipment ppe is to be made in the uk his government s own figures suggest the total is likely to be closer to a third. Glove makers return to top gainers list sep 26 2020.
More than 3 5 billion items including aprons goggles facemasks and gloves have been bought by the government this year to. Top glove corporation bhd bva si target price of top glove sgx listed companies sg investors io. Topglov 7113 avg price target.
Rubber gloves malaysia overweight the sector on better asp demand visibility. More articles on gloveharicut. Kuala lumpur aug 13.
Top glove chairman on strategy and tackling challenges as company posts record profit sep 29 2020. Top glove corp diversified customer base a boon for selling prices. Top glove spent rm328 5 mil so far this month for.
Sustainability at top glove creating value through sustainable practices ranks high on our corporate agenda. Target price rm12 30 sep 21 2020 top glove target price from banker sep 18 2020 rhb investment projects top glove s 2021 earnings at rm9 46b sep 18 2020. Epf stake buoys top glove s rise as covid 19 cases climb sep 24 2020.
Our bull case valuation of top glove is rm77 60 said citi which has a target price tp of rm48 10 and buy rating for the glove manufacturer. Glove rise as top gainers on surge in new covid 19 cases sep 28 2020. Kuala lumpur aug 13.
Even with a vaccine a structural step up in gloves usage is on the cards as the pandemic may well accelerate the narrowing of the gap between em emerging markets and dm developed markets gloves consumption. Top glove s target price upgraded to rm20 50. Top glove corp bhd s share price could reach rm77 60 in a bull scenario according to citi research as the group is poised to raise prices and capitalise on strong demand for gloves given the group s large manufacturing capacity in a note on tuesday the research house reiterated that top glove is a clear winner by virtue of it having the largest capacity.
In a note on tuesday the research house reiterated that top glove is a clear winner by virtue of it having the largest capacity.
