Ezra kept at 'hold' with with fair value slashed to 77 cents by OCBC

Stock Name: Ezra
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.