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Revisions

Duty Free Int'l an attractive counter to check out

Broker's Calls

Duty Free Int'l an attractive counter to check out

Benjamin Cher Published on Thu, Oct 13, 2016 / 3:45 PM GMT+8

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SINGAPORE (Oct 13): Duty Free International (DFI) 1H17 results that has spurred research houses CIMB and UOB Kay Hian to maintain “buy” ratings of the counter with target prices of 61 cents and 57 cents respectively.

(See also: Duty Free International’s 2Q earnings up 45% to $4.5 mil)

CIMB expects Malaysia’s largest duty-free retailing group in Malaysia to report better gross margins for FY17 while UOB Kay Hian expects DFI to post better 2H17 results.

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