Top Asia Shipper Drops as Analysts Diverge Most Since '08: ChartBy
The gap between analysts’ 12-month target prices on MISC Bhd., Asia’s biggest marine shipping company by market value, and the current price, is the widest since the 2008 global financial crisis. There are seven buy ratings with no sell calls among 14 analysts that cover the Malaysian stock. The shares tumbled as much as 9.7 percent on Monday after the unit of national oil company Petroliam Nasional Bhd. reported quarterly earnings that missed estimates.
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