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Shares of UUE were unchanged on Friday at 54.5 sen on Friday. The stock has bounced off this year’s lows in April at the height of the Iran war fears.
Analysts remain largely bullish with three ‘buy’, one ‘hold’, and no ‘sell’ calls. The consensus is looking at upside towards 67 sen in the next 12 months, based on the average target prices of the four research houses tracked by Bloomberg.