ST Engineering Likely to Offer Stability, Growth Potential -- Market Talk

Dow Jones
2025/06/05

0331 GMT - Singapore Technologies Engineering is likely to offer stability and growth potential, OCBC Investment Research writes in a note. Based on June 3 closing prices, the technology, defense and engineering group has delivered year-to-date returns of about 70% compared with the Straits Times Index's 5%, OCBC notes. ST Engineering's share price performance was also "super-charged" by positive sentiment relating to global defense plays and its solid fundamentals, OCBC says. There are also positive structural trends for the company's urban solutions & satcom segment over the longer term, it adds. OCBC raises its fair value estimate of the stock to S$8.54 from S$7.75, while maintaining a hold rating. Shares are at S$7.94. (amanda.lee@wsj.com)

 

(END) Dow Jones Newswires

June 04, 2025 23:31 ET (03:31 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10