ST Engineering Could Be High-Quality Defensive Growth Play -- Market Talk

Dow Jones

Sep 23, 2025

0330 GMT - ST Engineering's shares could get upwardly re-rated given its position as a high-quality defensive growth play, says RHB Research's Shekhar Jaiswal in a note. The engineering group is reinforcing its long-term growth story through a recent expansion in its engine maintenance, repair and overhaul capacity in Singapore. This should serve as a structural driver for its commercial aerospace segment, which could see further tailwinds from airlines extending their fleet life spans, says the analyst. He also likes the company's record-high order book, resilient margins and well-diversified business. RHB Research maintains its buy rating and S$9.10 target price on ST Engineering. Shares are off 0.1% at S$8.52. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

September 22, 2025 23:30 ET (03:30 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2569763895"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2569763895\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2569763895?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-09-23 11:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2569763895","market":"hk","top_or_hot":-1,"title":"ST Engineering Could Be High-Quality Defensive Growth Play -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0330 GMT - ST Engineering's shares could get upwardly re-rated given its position as a high-quality defensive growth play, says RHB Research's Shekhar Jaiswal in a note. The engineering group is reinforcing its long-term growth story through a recent expansion in its engine maintenance, repair and overhaul capacity in Singapore. This should serve as a structural driver for its commercial aerospace segment, which could see further tailwinds from airlines extending their fleet life spans, says the analyst. He also likes the company's record-high order book, resilient margins and well-diversified business. RHB Research maintains its buy rating and S$9.10 target price on ST Engineering. Shares are off 0.1% at S$8.52. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 22, 2025 23:30 ET (03:30 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ST Engineering Could Be High-Quality Defensive Growth Play -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nST Engineering Could Be High-Quality Defensive Growth Play -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-09-23 11:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0330 GMT - ST Engineering's shares could get upwardly re-rated given its position as a high-quality defensive growth play, says RHB Research's Shekhar Jaiswal in a note. The engineering group is reinforcing its long-term growth story through a recent expansion in its engine maintenance, repair and overhaul capacity in Singapore. This should serve as a structural driver for its commercial aerospace segment, which could see further tailwinds from airlines extending their fleet life spans, says the analyst. He also likes the company's record-high order book, resilient margins and well-diversified business. RHB Research maintains its buy rating and S$9.10 target price on ST Engineering. Shares are off 0.1% at S$8.52. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 22, 2025 23:30 ET (03:30 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0348783233.USD","symbol_name":"安联东方收入型 CI A Dis美元","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2569763895","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2569763895","pubTimestamp":1758598200,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0330 GMT - ST Engineering's shares could get upwardly re-rated given its position as a high-quality defensive growth play, says RHB Research's Shekhar Jaiswal in a note. The engineering group is reinforcing its long-term growth story through a recent expansion in its engine maintenance, repair and overhaul capacity in Singapore. This should serve as a structural driver for its commercial aerospace segment, which could see further tailwinds from airlines extending their fleet life spans, says the analyst. He also likes the company's record-high order book, resilient margins and well-diversified business. RHB Research maintains its buy rating and S$9.10 target price on ST Engineering. Shares are off 0.1% at S$8.52. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0348783233.USD":"安联东方收入型 CI A Dis美元","SG9999001051.SGD":"United Asia Fund SGD","LU0348784397.USD":"ALLIANZ ORIENTAL INCOME \"A\" (USD) ACC","SG9999014492.USD":"NIKKO AM ASEAN EQUITY \"A\" (USD) ACC","LU0348767384.USD":"ALLIANZLITTLE DRAGONS \"A\" (USD) ACC","SG9999001127.SGD":"United Singapore Growth Fund SGD","SG9999014484.SGD":"Nikko AM ASEAN Equity Fund A SGD","BK6094":"航天航空与国防","SG9999002414.USD":"LIONGLOBAL SINGAPORE TRUST (USD) ACC","S63.SI":"新科工程","LU0348766576.USD":"ALLIANZ LITTLE DRAGONS \"A\" (USD) INC","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","LU0348744763.USD":"ALLIANZ ASIA PACIFIC INCOME \"A\" (USD) INC","IE00BKZH1Z71.USD":"BNY MELLON ASIAN INCOME \"B\" (USD) ACC","SGXZ27511609.SGD":"NIKKO AM SINGAPORE DIVIDEND EQUITY \"SGD\" (SGD) ACC","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","SG9999001226.SGD":"UNITED SUSTAINABLE ASIA TOP 50 \"A\" (SGD) ACC","LU0417516571.SGD":"Allianz Oriental Income Cl AT Acc SGD","SGGKY":"Singapore Technologies Engineering Ltd.","SG9999014302.SGD":"RHB Singapore Income Fund SGD","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","SG9999000475.SGD":"Aberdeen Standard Singapore Equity SGD","LU2293587155.HKD":"ALLIANZ ORIENTAL INCOME \"AT\" (HKD) ACC","BK4187":"航天航空与国防","SG9999003461.SGD":"United Asia Pacific Infrastructure SGD","SG9999008742.SGD":"Eastspring Investments Unit Trusts - Singapore ASEAN Equity SGD","SG9999000343.SGD":"Schroder Singapore Trust A Dis SGD","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","SG9999002406.SGD":"利安新加坡信托基金","SGXZ43160589.SGD":"UNITED SG DYNAMIC INCOME FUND \"A\" (SGD) ACC","LU1048588211.SGD":"Blackrock Asian Dragon A2 SGD-H","SG9999002950.SGD":"United Asian Growth Opportunities SGD","BK6504":"工业制品概念","LU0348783662.USD":"ALLIANZ ORIENTAL INCOME \"A\" (USDHDG) INC","SGXZ24219693.SGD":"UNITED SG DYNAMIC INCOME FUND \"A\" (SGD) INC","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU0072462343.USD":"贝莱德亚洲巨龙基金","SG9999005177.SGD":"Legg Mason Martin Currie - Southeast Asia Trust A Acc SGD","BK6523":"ESG概念","SG9999016042.SGD":"Schroder Singapore Trust A Acc SGD"},"translate_title":"ST Engineering可能是高质量的防御性增长公司——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SGGKY":0.9,"S63.SI":1.5},"content_text":"0330 GMT - ST Engineering's shares could get upwardly re-rated given its position as a high-quality defensive growth play, says RHB Research's Shekhar Jaiswal in a note. The engineering group is reinforcing its long-term growth story through a recent expansion in its engine maintenance, repair and overhaul capacity in Singapore. This should serve as a structural driver for its commercial aerospace segment, which could see further tailwinds from airlines extending their fleet life spans, says the analyst. He also likes the company's record-high order book, resilient margins and well-diversified business. RHB Research maintains its buy rating and S$9.10 target price on ST Engineering. Shares are off 0.1% at S$8.52. (megan.cheah@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 22, 2025 23:30 ET (03:30 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}