tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Keppel Infrastructure Trust Invests in Global Marine Group

Story Highlights
Keppel Infrastructure Trust Invests in Global Marine Group

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Keppel Infrastructure ( (SG:A7RU) ) just unveiled an update.

Keppel Infrastructure Trust (KIT) has announced an investment in Global Marine Group (GMG), determined through a comprehensive valuation process including discounted cash flow analysis and comparisons with similar companies. The investment, which will be funded through internal funds and debt, reflects GMG’s growth potential and strategic fit with KIT’s portfolio, as well as favorable valuation metrics compared to industry averages.

The most recent analyst rating on (SG:A7RU) stock is a Buy with a S$0.50 price target. To see the full list of analyst forecasts on Keppel Infrastructure stock, see the SG:A7RU Stock Forecast page.

More about Keppel Infrastructure

Keppel Infrastructure is a company based in Singapore, operating as a business trust. It is involved in infrastructure investments and management, focusing on sectors such as energy, environmental, and infrastructure services.

Average Trading Volume: 7,149,830

Technical Sentiment Signal: Buy

Current Market Cap: S$2.83B

See more insights into A7RU stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1