Home Capital Broker's Calls

Analysts mixed on Singtel, although all still maintain 'buy' call

Lim Hui Jie
Lim Hui Jie5/30/2022 02:21 PM GMT+08  • 6 min read
Analysts mixed on Singtel, although all still maintain 'buy' call
Citibank has lowered its target price, while the rest have either raised or maintained their target prices on Singtel.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Analysts from six brokerages have maintained their "add", “buy” or “accumulate” calls on Singtel, although they differ in their target prices.

PhillipCapital, OCBC Investment Research and RHB Group Research have raised their target prices on the stock to $3.05, $3.06 and $3.55 respectively, from their previous figures of $2.86, $2.98 and $3.37

On the other hand, UOB Kay Hian has maintained its target price at $2.90, while Citibank has trimmed its target price from $3.44 to $3.22. CGS-CIMB Research has also lowered its target price from $3.30 to $3.20.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now