Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Singapore Airlines (SINGF – Research Report) and SATS (SPASF – Research Report).
Singapore Airlines (SINGF)
In a report released today, Raymond Yap from CGS-CIMB maintained a Hold rating on Singapore Airlines, with a price target of S$5.97. The company’s shares closed last Friday at $4.41, equals to its 52-week high of $4.41.
Yap has an average return of
According to TipRanks.com, Yap is ranked #4824 out of 8268 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Singapore Airlines with a $4.34 average price target, representing a -1.5% downside. In a report issued on January 6, UOB Kay Hian also maintained a Hold rating on the stock with a S$5.40 price target.
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SATS (SPASF)
In a report issued on January 14, Wee Kuang Tay from CGS-CIMB maintained a Buy rating on SATS, with a price target of S$3.21. The company’s shares closed last Thursday at $2.09.
Tay has an average return of
According to TipRanks.com, Tay is ranked #4442 out of 8268 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for SATS with a $2.92 average price target, a 39.7% upside from current levels. In a report issued on January 6, UOB Kay Hian also maintained a Buy rating on the stock with a S$3.10 price target.
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