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Published Mon, Dec 14, 2015 · 09:50 PM
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Cosco Corp | Fully Valued
Dec 14 close: S$0.305
Target price: S$0.32
DBS Group Research, Dec 14
WE downgrade Cosco to "fully valued" with a reduced target price of S$0.32 (previously S$0.42), as we lower our valuation multiple from 0.8x to 0.6x FY16 P/BV in view of wider losses and a de…
KEYWORDS IN THIS ARTICLE
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