CIMB Group Holdings Berhad
ANALYST UPDATES
May 6, 2025
CIMB Research Update (PIB) Share Price: RM7.08 | Target Price: RM8.90 | Rating: OUTPERFORM CIMB’s analyst call provided some updates on the group’s upcoming 1QFY25 results announcement (due 30/5/25). PIB...
April 18, 2025
Share Price: RM6.76 | Target Price: RM8.40 | Rating: Buy BUY call retained by RHBIB with a lower TP of RM8.40 (compared with RM9.25 previously) due to a more cautious global macroeconomic outlook. Earnings...
March 6, 2025
Share Price: RM7.80 | Target Price: RM8.90 | Rating: Outperform CIMB has introduced its new corporate strategy, Forward30, which outlines key areas for growth, while positioning the group to remain agile...
March 6, 2025
Share Price: RM7.80 | Target Price: RM9.20 | Rating: Buy To recap, Forward23+ aimed to reshape its portfolio and lower costs. In addition, management embraced a profitability first growth model instead...
March 5, 2025
Share Price: RM7.80 | Target Price: RM9.00 | Rating: Buy The CIMB Group’s “Forward30” Strategy has set these key financial metrics/KPIs to be achieved by 2030: i) ROE of 12-13% (by 2027) and Top Quartile...
March 3, 2025
Share Price: RM7.81 | Target Price: RM9.25 | Rating: Buy CIMB’s FY24 results are in line, and meet its FY24 targets. Looking ahead, it has struck a cautious tone in its outlook and laid out modest FY25...
March 3, 2025
Share Price: RM7.81 | Target Price: RM8.12 | Rating: HOLD CIMB reported 4Q24 net profit of RM2,030.6m (+4.9% yoy, -11.2% qoq), bringing 2024 earnings to RM7,730.7m (+10.7% yoy). The results were broadly...
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