Venture Corp. Bull Sees Stronger 2H Results Ahead -- Market Talk

Dow Jones
05/06

0736 GMT - Venture Corp. retains its bull at CGS International thanks to an estimated 8% average earnings-per-share growth over 2026-2028. The Singapore technology-service provider's test and measurement segment and consumer lifestyle business are both likely to recover this year, which could drive stronger 2H results, says analyst William Tng in a note. He expects new product launches by customers and a better-than-expected revenue outlook to serve as potential re-rating catalysts for the stock. CGSI retains an add rating and S$21.78 target price. Shares climb 11% to S$18.33 after earlier touching S$18.38, the highest intraday level since 2023. (megan.cheah@wsj.com)

 

(END) Dow Jones Newswires

May 06, 2026 03:36 ET (07:36 GMT)

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