MIDCAP-Indonesia's Citra Marga leads on analyst revisions in industrials


Citra Marga Nusaphala Persada Tbk Pt leads onanalyst revisions among eight companies in Indonesia'sindustrials sector tracked by at least three analysts, data fromThomson Reuters StarMine shows.

The toll road operator has an Analyst Revision Model (ARM)score of 85, the highest in the sector. Analysts have raised theaverage EPS estimate for the year ending December 2012 by 5.2percent over the last month.

A high score of 89 in the SmartHoldings model suggestspotential increase in institutional ownership.

The stock is trading at a forward 12-month P/E ratio of 9.7against the peer average of 15. The company posted a net profitof 134.4 billion rupiah for the quarter ended June 2012, from88.6 billion a year ago.

Of the three analysts tracking the stock, two give it a'strong buy' rating, while one recommends a 'hold'.

The shares of the company have risen 25 percent so far thisyear, while the sector index gained 30 percent in thesame period, as of Wednesday's close.

United Tractors lags the sector with an ARM scoreof 4.


StarMine's Analyst Revision Model ranks stocks based onanalysts' revision of earnings and revenue estimates and changesin their ratings, and usually gives additional weight toanalysts who have been more accurate in the past.

The StarMine SmartHoldings model is a global stock selectionmodel that ranks stocks based on the expected future increase,or decrease, in institutional ownership.

(Reporting By Tripti Kalro; Editing by Sunil Nair)