Perusahaan Gas Negara (PGAS IJ): Bottoming out

Perusahaan Gas Negara (PGAS IJ)
BUY / TP: IDR:1,770 (+27.3%)
Analyst: Chandra Pasaribu

Bottoming out
• Results within expectation
• Gas distribution to hold at US$2.13/MMBTU
• Steady transmission business comes with recovery in O&G
• Re-iterated BUY call