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Singtel fairly valued given keen competition in Australia, decent dividend yield

Broker's Calls

Singtel fairly valued given keen competition in Australia, decent dividend yield

Benjamin Cher Published on Fri, Nov 11, 2016 / 4:00 PM GMT+8

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SINGAPORE (Nov 11): RHB is maintaining its “neutral” call on Singtel with a target price of $4 as valuations are fair given the competitive pressure it faced in Australia coupled with its decent dividend yield.

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