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shopper360 started at 'trading buy' despite CEO's resignation amid allegations of misconduct

Stanislaus Jude Chan
Stanislaus Jude Chan6/13/2018 03:14 PM GMT+08  • 2 min read
shopper360 started at 'trading buy' despite CEO's resignation amid allegations of misconduct
SINGAPORE (June 13): Phillip Securities Research is initiating coverage on Malaysia-based marketing services provider shopper360 with a “trading buy” recommendation and a target price of 33 cents.
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SINGAPORE (June 13): Phillip Securities Research is initiating coverage on Malaysia-based marketing services provider shopper360 with a “trading buy” recommendation and a target price of 33 cents.

The target price is more than 83% higher than shopper360’s last traded price of 18 cents on May 8.

The brokerage’s coverage initiation comes despite shopper360 losing its CEO just two months ago.

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