Company Name: EZRA HOLDINGS LIMITED
|Research House: OCBC||Price Call: HOLD||Target Price: 0.77|
SINGAPORE (Nov 26): OCBC Investment Research has maintained its "hold" call for Ezra Holdings with a fair value of 77 cents, down from $1.32 previously.
In a Nov 26 report, analysts Low Pei Han and Andy Wong Teck Ching are taking a more cautious view of Ezra given the company is undergoing restructuring in a tough business environment. With risks tilted towards the downside, OCBC is recommending the stock only for aggressive investors.