As of December 24, 2024, Malayan Banking Berhad (Maybank) is trading at 10.02 MYR per share.
Analysts have set an average 12-month price target of 11.48 MYR for Maybank, indicating a potential upside of approximately 14.5% from the current price. The highest forecast is 13.44 MYR, and the lowest is 8.94 MYR.
Recent developments include Maybank's launch of the "HERpower" initiative, aiming to increase its women-led SME portfolio from 20% to 25% by 2026.
Additionally, Maybank Investment Bank has expressed optimism about Thailand's tech-service companies, citing an estimated 38% core profit growth for FY2025, which could positively impact Maybank's regional operations.
Please note that stock prices are influenced by various factors, including market conditions, company performance, and economic indicators. It's advisable to conduct thorough research and consider your financial situation before making investment decisions.
Recent Developments in Maybank's Regional Operations
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