0630 GMT - Venture Corp.'s stock looks attractively priced at one standard deviation below its mean historical price-to-earnings, RHB Research's Alfie Yeo says in a research report. The stock price's downside should also be priced in amid current dynamic tariff situation, the analyst says. Any reduction of tariffs for countries, such as Malaysia, could act as share-price catalysts for the electronics manufacturing services provider. RHB maintains a buy rating on the stock, while raising the target price to S$12.60 from S$12.50, reflecting a roll-over of its target price-to-earnings to a blended 15x 2025-2026 earnings assumption. Shares are 0.2% lower at S$11.43. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
June 13, 2025 02:30 ET (06:30 GMT)
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