RHB Research reiterates a "buy" call on Maybank's shares
KUALA LUMPUR, Feb 8 (Bernama) -- The RHB Research Institute reiterates a 'buy' on Malayan Banking Bank Bhd's (Maybank) shares with an unchanged target price of RM11.00.
According to the note today, Maybank remains one of our preferred picks for exposure to Malaysian banks. In addition, it said that Maybank is scheduled to release its 2018 fourth quarter (4Q18) results on February 26.
"We see risk of a slight miss, due to a weaker-than-expected non-interest income. That said, asset quality remains stable," it said.