Analysts from CGS-CIMB Research and RHB Group Research are mixed on UG Healthcare despite posting a “solid” set of results for its FY2021 ended June.

See: UG Healthcare posts record FY2021 earnings of $118.8 mil; proposes 0.506 cent dividend

CGS-CIMB has kept its “add” call but slashed its target price from $1.20 to 65 cents. Meanwhile, RHB kept its “neutral” rating and target price of 57 cents unchanged.

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