Analysts Have Been Trimming Their PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Price Target After Its Latest Report
It’s been a mediocre week for PETRONAS Chemicals Group Berhad (KLSE:PCHEM) shareholders, with the stock dropping 14% to RM3.32 in the week since its latest quarterly results. Results were overall in line with expectations, with the company breaking even at the statutory earnings per share (EPS) level on RM7.7b in revenue. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there’s been a strong change in the company’s prospects, or if it’s business as usual. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.
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