Analysts Impressed With SunCon’s Strong 2025 Start

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Analysts Impressed With SunCon’s Strong 2025 Start - Business Today

Quick Summary:

Sunway Construction Group Bhd (SunCon) continues to impress with a strong first quarter for FY25, prompting analysts at RHB Investment Bank Bhd (RHB Research), MIDF Amanah Investment Bank Bhd (MIDF Research), and Hong Leong Investment Bank Bhd (HLIB) to maintain their BUY calls with raised target prices.

RHB Research upgraded their target price to RM6.

Analysts highlight SunCon’s strengthened position in the Advanced Technology Facilities segment, which continues to underpin the company’s growth prospects.