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Home / Capital / Brokers Calls

Ride the new economy wave with SEA, says CGS-CIMB

Broker's Calls

Ride the new economy wave with SEA, says CGS-CIMB

Ng Qi Siang Published on Fri, Aug 14, 2020 / 4:35 PM GMT+8

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With Southeast Asia rapidly treading down the path of digital transformation, CGS-CIMB analysts Ngoh Yi Sin and Darren Ong believe that technology firm SEA group is the best vehicle with which investors can reap the profits of the future economy. The pair have thus issued an “add” call on the US-listed stock with a target price of US$126.90 ($174.10).

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