ST Engineering's Strong Contract Win Momentum Likely to Persist -- Market Talk

Dow Jones

Nov 17, 2025

0545 GMT - ST Engineering's strong contract win momentum is likely to persist, UOB Kay Hian's Roy Chen says, noting its record-high order book of S$32.6 billion. As its international defence sales gain traction in Europe and the Middle East, the technology, defence and engineering group will probably win some new contracts in the near term, the analyst says in a research report. The brokerage lifts its earnings forecasts for the company by 2.9% for 2026, 5.1% for 2027, and 3.8% for 2028. It also upgrades the stock's rating to buy from hold and raises the target price to S$9.05 based on an estimated 26.1x 2027 price-to-earnings. Shares are 1.9% higher at S$8.65. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

November 17, 2025 00:45 ET (05:45 GMT)

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As its international defence sales gain traction in Europe and the Middle East, the technology, defence and engineering group will probably win some new contracts in the near term, the analyst says in a research report. The brokerage lifts its earnings forecasts for the company by 2.9% for 2026, 5.1% for 2027, and 3.8% for 2028. It also upgrades the stock's rating to buy from hold and raises the target price to S$9.05 based on an estimated 26.1x 2027 price-to-earnings. Shares are 1.9% higher at S$8.65. (ronnie.harui@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  November 17, 2025 00:45 ET (05:45 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's Strong Contract Win Momentum Likely to Persist -- 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's Strong Contract Win Momentum Likely to Persist -- 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\">2025-11-17 13:45</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0545 GMT - ST Engineering's strong contract win momentum is likely to persist, UOB Kay Hian's Roy Chen says, noting its record-high order book of S$32.6 billion. As its international defence sales gain traction in Europe and the Middle East, the technology, defence and engineering group will probably win some new contracts in the near term, the analyst says in a research report. The brokerage lifts its earnings forecasts for the company by 2.9% for 2026, 5.1% for 2027, and 3.8% for 2028. It also upgrades the stock's rating to buy from hold and raises the target price to S$9.05 based on an estimated 26.1x 2027 price-to-earnings. Shares are 1.9% higher at S$8.65. (ronnie.harui@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  November 17, 2025 00:45 ET (05:45 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":"LU0823417653.USD","symbol_name":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2584619097","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2584619097","pubTimestamp":1763358300,"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":"0545 GMT - ST Engineering's strong contract win momentum is likely to persist, UOB Kay Hian's Roy Chen says, noting its record-high order book of S$32.6 billion. As its international defence sales gain traction in Europe and the Middle East, the technology, defence and engineering group will probably win some new contracts in the near term, the analyst says in a research report. The brokerage lifts its earnings forecasts for the company by 2.9% for 2026, 5.1% for 2027, and 3.8% for 2028. It also upgrades the stock's rating to buy from hold and raises the target price to S$9.05 based on an estimated 26.1x 2027 price-to-earnings. Shares are 1.9% higher at S$8.65. 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As its international defence sales gain traction in Europe and the Middle East, the technology, defence and engineering group will probably win some new contracts in the near term, the analyst says in a research report. The brokerage lifts its earnings forecasts for the company by 2.9% for 2026, 5.1% for 2027, and 3.8% for 2028. It also upgrades the stock's rating to buy from hold and raises the target price to S$9.05 based on an estimated 26.1x 2027 price-to-earnings. Shares are 1.9% higher at S$8.65. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 17, 2025 00:45 ET (05:45 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":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}