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Top Glove remains a favourable counter, says Maybank

Amala Balakrishner
Amala Balakrishner10/12/2020 03:34 PM GMT+08  • 2 min read
Top Glove remains a favourable counter, says Maybank
As at 3.36pm, shares at Top Glove were up 5 cents or 1.74% to $2.92 on the Singapore Exchange.
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Maybank Investment Banking Research analyst Lee Yen Ling has reiterated her “buy” call and target price on glove manufacturer Top Glove, at RM9.53 ($3.12).

See also: Decline in Singapore industrial production slowing: Maybank

This will give the counter a 17% upside from its RM8.80 price on Oct 8, she says.

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