Maintain HOLD. We have a HOLD rating for IMI with a fair value estimate of Php18.10/sh.
- Daily Notes, COL Financial, 11 April 2018
* HOLD Stocks that have a HOLD rating have either 1) attractive fundamentals but expensive valuations 2) attractive valuations but near-term earnings outlook might be poor or vulnerable to numerous risks. Given the said factors, the share price of the stock may perform merely in line or underperform in the market in the next six to twelve months.
