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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.
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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.

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