Research firms maintain ‘buy’ call on MAHB

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KUALA LUMPUR, May 31 ― Research firms have maintained their ‘buy’ call on Malaysia Airports Holdings Bhd (MAHB) with the recovery in passenger traffic moving on the right...

KUALA LUMPUR, May 31 ― Research firms have maintained their ‘buy’ call on Malaysia Airports Holdings Bhd with the recovery in passenger traffic moving on the right trajectory since the country entered the transition to endemic phase.

“We expect this to recover more meaningfully in the second half of the financial year 2022 as more countries, which are part of KUL’s key segments, uplift their travel restrictions,” the firm said in a note. “All in all, we maintain our ‘neutral’ call on MAHB with an unchanged target price of RM6.70,” it added.

 

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