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ST Engineering kept at 'outperform' by Credit Suisse ahead of investor day

PC Lee
PC Lee3/13/2018 02:27 PM GMT+08  • 2 min read
ST Engineering kept at 'outperform' by Credit Suisse ahead of investor day
SINGAPORE (Mar 13): ST Engineering will host an investor day meeting on Mar 22 where management is expected to give an update on its strategic direction and earnings outlook.
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SINGAPORE (Mar 13): ST Engineering will host an investor day meeting on Mar 22 where management is expected to give an update on its strategic direction and earnings outlook.

"We believe this could be a potential catalyst for the stock given low market expectations," says Credit Suisse analyst Gerald Wong in a Tuesday report.

In particular, ST Engineering is likely to highlight opportunities in defence and smart city solutions, says Wong. This includes cyber security, public security services, urban transportation and robotics.

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