Bakrieland Shares to Hit Rp 730: Analyst

VIVAnews - Research team of PT BNI Securities gives a figure of PT Bakrieland Development Tbk (ELTY) share prices at Rp 730 per share in the next 12 months.

Bakrieland share prices are tagged at Rp 270 per share in today's morning trade.

According to the research, the company was estimated to book income by Rp 1.55 trillion with Rp 240 billion of net profit in 2009.

The valuation of price to earning ratio (PER) of ELTY in 2009 is expected to multiply by 22.1 times, while the price to book value (PBV) will be by 1.1 times. Moreover, Bakrieland share's PER in 2010 is projected to multiply by 14 times with 1.1 times of PBV.

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Translated by: Bonardo Maulana Wahono

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VIVA.co.id
26 April 2024