Silverlake Axis kept at 'buy' with $1.40 target price by Maybank Kim Eng

Stock Name: Silverlake Axis
Company Name: SILVERLAKE AXIS LTD

Research House: Maybank Kim Eng

Price Call: BUY

Target Price: 1.40

SINGAPORE (Feb 12): Maybank Kim Eng is maintaining its "buy" call on Silverlake Axis, the developer of of banking software technology, with a $1.40 target price.

In a report out today, analyst Derrick Heng says Silverlake Axis' 2Q15 net income was in line with forecast by the research house.

Furthermore, catalysts from further earnings deliveries and expansion beyond Asean could lead to a rerating of the stock.