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UOB Kay Hian remains positive on Venture Corp's long-term growth with TP of $22.80

Felicia Tan
Felicia Tan4/11/2022 12:27 PM GMT+08  • 3 min read
UOB Kay Hian remains positive on Venture Corp's long-term growth with TP of $22.80
Photo: Venture Corporation
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UOB Kay Hian analyst John Cheong is keeping his “buy” call on Venture Corporation with an unchanged target price of $22.80 as the group remains positive on its long-term growth.

The group’s strong balance sheet and good dividends also provide limited downside to its share price, the analyst writes.

Furthermore, the group’s key customers, including NCR, Agilent and Philip Morris are expecting revenues to grow in the FY2022.

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