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Broker's Digest: UMS Holdings, Thai Beverage, Wilmar International, ST Engineering, Golden Agri-Resources

The Edge Singapore
The Edge Singapore8/19/2021 5:44 PM GMT+08  • 9 min read
Broker's Digest: UMS Holdings, Thai Beverage, Wilmar International, ST Engineering, Golden Agri-Resources
See the analysts' recommendations and target prices here.
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UMS Holdings
Price target:
BS Group Research “buy” $2.16
Maybank Kim Eng “buy” $2.10
CGS-CIMB “add” $1.97

Analysts upgrade forecasts of UMS in light of strong semiconductor demand

Following UMS Holdings’ latest earnings, analysts from DBS Group Research and Maybank Kim Eng have become more bullish on the stock, with target price upgrades. DBS’s Ling Lee Keng has raised her target price from $1.83 to $2.16, Maybank’s Lai Gene Lih has upped his target price from $1.80 to $2.10.

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