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Broker's Digest: Sembcorp Industries, F&B sector, Starhub, Facebook

The Edge Singapore
The Edge Singapore9/30/2021 9:24 PM GMT+08  • 9 min read
Broker's Digest: Sembcorp Industries, F&B sector, Starhub, Facebook
Take a look at these stocks, including Sembcorp Industries, Starhub, and Facebook.
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Sembcorp Industries
Price target:
CGS-CIMB “add” $2.51

Renewable projects ‘gathers wind’

CGS-CIMB Research’s Lim Siew Khee has kept her “add” call and target price of $2.51 on Sembcorp Industries (SCI). Lim’s target price of $2.51 is based on 15 times CY2022 P/E of Sembcorp Industries’ Asian peers’ average.

Lim’s move follows reports from industry sources that Green Wind Infra Energy, a subsidiary of Semb­corp Industries, bagged 180MW out of the 1,200MW that was up for tender by the Solar Energy Corpora­tion of India (SECI).

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