Corporate Updates
Bank Negara Indonesia (BBNI IJ): Maintains cautious outlook
Bank Negara Indonesia (BBNI IJ)
BUY / TP: IDR:7,900 (+28.5%)
Analyst: Yap Swie Cu
Maintains cautious outlook
• Slow start
• Conservative 2021F targets
• Soft 2021F earnings estimates; re-iterate BUY recommendation