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This consumer stock is set to thrive amid looming market uncertainties: RHB

Michelle Zhu
Michelle Zhu • 2 min read
This consumer stock is set to thrive amid looming market uncertainties: RHB
SINGAPORE (Apr 11): RHB is upgrading its call on Sheng Siong Group to “buy” from “neutral” with a higher target price of $1.11 from 98 cents previously, which results from a 2-3% increase in FY18-20 estimates and target P/E from 19 to 21 times.
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