Kim Eng Set Target Price BJBR to IDR 1,450/share

PT Kim Eng Securities initiated coverage PT Bank BJB Tbk (BJBR) with a “buy” rating and a share-price estimate of 1,450 rupiah in a note today, calling the lender an “attractive dividend player.”  

 

BJBR, owned by the Indonesian provinces of West Java and Banten, rose 4 percent to 1,290 rupiah, the biggest increase since March 28.