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Home / Capital / Brokers Calls

RHB lowers Centurion's TP to 36 cents as Covid-19 headwinds remain

Broker's Calls

RHB lowers Centurion's TP to 36 cents as Covid-19 headwinds remain

Felicia Tan Published on Mon, Sep 20, 2021 / 12:23 PM GMT+8 / Updated 3 days ago

RHB Group Research analyst Jarick Seet has maintained “neutral” on Centurion Corporation as headwinds for workers’ and students’ accommodations remain amid the ongoing Covid-19 pandemic.

To date, the number of Covid-19 cases in Singapore and Malaysia, where Centurion Corporation operates, is still on the rise.

See also: Centurion books fair value loss of $14.5 mil, 1HFY2021 earnings down 58% y-o-y