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Home / Capital / Brokers Calls

DBS Group Research maintains SingPost’s 'fully valued' call on tough competition

Broker's Calls

DBS Group Research maintains SingPost’s 'fully valued' call on tough competition

Kayla Whang Published on Wed, Jul 29, 2020 / 12:41 PM GMT+8

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DBS Group Research analysts Sachin Mittal and Lim Rui Wen have maintained their “fully valued” recommendation for Singapore Post Limited (SingPost), with a stable target price of 64 cents, which represents a 14% downside on the stock due to the lack of near-term catalysts.

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