ST Engineering's Earnings Likely Buoyed by Aerospace, Defence Growth Drivers

Dow Jones
01/14

0342 GMT - ST Engineering's earnings this year are likely to be supported by growth drivers across commercial aerospace and defence, says DBS Group Research's Jason Sum in a note. The commercial aerospace segment is likely to lead growth, thanks to the airframe maintenance, repair and overhaul sub-segment's expansion and rising demand for leading edge aviation propulsion engines, the analyst says. ST Engineering's earnings could benefit from resilient Singapore defence spending and structurally higher international defence budgets, he adds. These growth drivers are likely reinforced by a record order backlog with improving earnings visibility, Sum adds. DBS raises its target price to S$10.20 from S$9.40 and retains its buy rating. Shares rise 1.2% to S$9.37. (megan.cheah@wsj.com)

 

(END) Dow Jones Newswires

January 13, 2026 22:42 ET (03:42 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

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