CGS-CIMB Research analyst William Tng has kept “add” on Aztech Global with an unchanged target price of $1.82.

Tng’s target price is based on an unchanged price-to-earnings (P/E) of 15 times FY2022 earnings per share (EPS), which is an average for the Singapore technology sector.

To him, the group’s current price of $1.07 as at Sept 3 is an “opportunity” for investors to accumulate.

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