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RHB stays 'overweight' on small-mid caps, picks Food Empire and HRnet among recovery plays

Atiqah Mokhtar
Atiqah Mokhtar3/30/2021 9:42 AM GMT+08  • 2 min read
RHB stays 'overweight' on small-mid caps, picks Food Empire and HRnet among recovery plays
Other picks include Frencken Group and Fu Yu Corp on the positive outlook for the semiconductor industry.
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RHB Group Research analyst Jarick Seet has maintained his ‘overweight’ rating for small-cap and mid-cap Singapore stocks on the back of continued recovery prospects and a strong outlook for the semiconductor sector.

His top picks for small- and mid-cap stocks are Food Empire Holdings and HRnetGroup. Both stocks are rated ‘buy’ with target prices of $1.27 and 72 cents respectively.

SEE:UG Healthcare remains attractive 'buy' even as target price lowered: RHB

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