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Keppel conundrum

Benjamin Cher
Benjamin Cher10/21/2016 12:26 PM GMT+08  • 3 min read
Keppel conundrum
SINGAPORE (Oct 21): Keppel Corp’s 3Q results missed its mark, with earnings down 38% to $224 million from a year ago. This has caused mixed reactions for analysts.
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SINGAPORE (Oct 21): Keppel Corp’s 3Q results missed its mark, with earnings down 38% to $224 million from a year ago. This has caused mixed reactions for analysts.

(See also: Keppel’s 3Q earnings fall 38.1% to $224.5 mil; misses expectations)

While CIMB and Maybank Kim Eng agree on a “sell” call with target prices of $5.14 and $4.57 respectively, RHB is issuing a “buy” call with a target price of $6.52 instead.

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