KUALA LUMPUR (Dec 1): Hwang DBS Vickers Research has a Buy call on Alliance Financial Group (target price RM4.30) for its scalable domestic franchise and non-interest income traction, which ensures sustainable earnings and ROE.
It said on Thursday that among large caps, it prefers Maybank (Buy, TP RM10.60) for its resilient transactional banking income and dividend yields.
HDBSVR remains favourable on Hong Leong Bank (Buy, target price RM16) for synergies it will extract as a newly-merged entity, via improved net interest margins and presence in the automobile and small and medium enterprises segments.
It said on Thursday that among large caps, it prefers Maybank (Buy, TP RM10.60) for its resilient transactional banking income and dividend yields.
HDBSVR remains favourable on Hong Leong Bank (Buy, target price RM16) for synergies it will extract as a newly-merged entity, via improved net interest margins and presence in the automobile and small and medium enterprises segments.
