UOB Kay Hian analyst K Ajith has maintained his “hold” call on Singapore Airlines (SIA) with an unchanged target price of $4.85.
His target price indicates a valuation of an average book value of 1.15 times for FY2022 and FY2023.
The valuation factors in a recovery in aviation traffic, writes Ajith in a Sept 22 report.
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)
