Perusahaan Gas Negara (PGAS IJ)
BUY / TP: IDR:1,410 (+20.0%)
Analyst: Chandra Pasaribu
Hammered by non-operational items
• Below expectation from non-operational
• Recovery in distribution volume
• Downgraded target price at IDR1,410 (US$0.10).
• Re-iterate BUY call despite lower new TP