Top Glove Target Price
Kenanga research has reiterated its outperform call for top glove corp bhd with a higher target price tp of rm32 from rm25 previously based on 21 5 times calendar year 2021 estimated cy21e earnings per share eps of 152 3 sen.
Top glove target price. Aug 2015 male mys. When the price will reach rm 20. Sustainability at top glove creating value through sustainable practices ranks high on our corporate agenda.
That being said top glove s high asp premium against its peers will likely dissipate starting in the second quarter of 2021 in anticipation of more new supply according to the research team. Now i can believe affin hwang capital research analyst mr ng chi hoong s rm 100 as top glove s target price is achievable. Top glove corporation bhd.
Based on p e 20 target price rm 126. Credit suisse outperform rm 37 00 15 7 2020. Jun 2020 male mys.
Find the latest top glove bva si stock quote history news and other vital information to help you with your stock trading and investing. We believe in doing well by doing good and are committed to managing our business in a way that respects and contributes positively to the environment resources and community. Top glove s target price upgraded to rm20 50.
Top glove corporation bhd bva si target price of top glove sgx listed companies sg investors io. Top glove s target price raised to rm30 40 author. Top glove corporation supercharged by higher asp.
Rubber gloves malaysia overweight the sector on better asp demand visibility. That is why the following 8 research houses updated their target prices for top glove as below. Industry comparison for gloves industry.
Hikes in the average selling price asp of gloves in the next six months could continue to support top glove s share price said maybank kim eng on wednesday. Fri 3 jul 2020 11 44 am glove demand remains robust with macquarie equities research mq research expecting the demand to be sustained into 2021 which should support a higher average selling price asp and delivery of strong earnings by glove maker top glove corporation topglov. 24 jun 2020 11 56 am post 22.
Affin hwang outperform rm 46 40 20 7 2020. Top glove corp diversified customer base a boon for selling prices.
