Home Capital Broker's Calls

SIA Engineering, SingPost and SingTel to benefit from Singapore's reopening: CGS-CIMB

Jovi Ho
Jovi Ho4/27/2022 12:13 PM GMT+08  • 3 min read
SIA Engineering, SingPost and SingTel to benefit from Singapore's reopening: CGS-CIMB
On the flipside, healthcare providers like Raffles Medical Group and Q&M Dental Group face downside risks.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Singapore’s reopening continues to gain ground, says CGS-CIMB Research analyst Lock Mun Yee, putting SIA Engineering Company (SIAEC), Singapore Post (SingPost) and SingTel in good stead for the coming months.

“Sectors that will benefit include retail and office landlords, transport and those tourism-related as well as hospitality,” writes Lock.

In an April 25 note, Lock is maintaining “add” on all three companies, with target prices of $2.92 for SIA Engineering, 90 cents for SingPost, and $3.30 for SingTel.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now