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Sheng Siong Group Ltd. (SG:OV8)
SGX:OV8
Singapore Market

Sheng Siong Group Ltd. (OV8) Share Forecast & Price Target

35 Followers
See the Price Targets and Ratings of:

OV8 Analyst Ratings

Hold
3Ratings
1 Buy
1 Hold
1 Sell
Based on 3 analysts giving stock ratings to
Sheng
Siong Group Ltd.
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

OV8 Stock 12 Month Forecast

Average Price Target

S$1.64
▲(7.89% Upside)
Based on 3 Wall Street analysts offering 12 month price targets for Sheng Siong Group Ltd. in the last 3 months. The average price target is S$1.64 with a high forecast of S$1.88 and a low forecast of S$1.43. The average price target represents a 7.89% change from the last price of S$1.52.
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Highest Price TargetS$1.88Average Price TargetS$1.64Lowest Price TargetS$1.43
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
CGS-CIMB
S$1.88
Buy
23.68%
Upside
Reiterated
09/07/23
Wall Street Analysts Are Bullish on Top Consumer Goods Picks
RHB Capital
S$1.95
Buy
28.29%
Upside
Reiterated
07/28/23
OCBC Investment
S$1.94
Buy
27.63%
Upside
Reiterated
05/02/23
Citi
Sell
Downgraded
02/26/24
Citi Double Downgrades Sheng Siong Group Ltd. (SSG:SP) to SellCiti double downgraded Sheng Siong Group Ltd. (SSG:SP) from Buy to Sell with a price target of SGD1.43 (from SGD1.92).

Best Analysts Covering Sheng Siong Group Ltd.

Which Analyst Should I Follow If I Want to Buy SG:OV8 and Sell After:
1 Month
Paul ChewPhillip Securities
Success Rate
3/4 ratings generated profit
75%
Average Return
+1.75%
reiterated a buy rating 6 months ago
Copying Paul Chew's trades and holding each position for 1 Month would result in 75.00% of your transactions generating a profit, with an average return of +1.75% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
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3 Months
Paul ChewPhillip Securities
Success Rate
2/4 ratings generated profit
50%
Average Return
+0.55%
reiterated a buy rating 6 months ago
Copying Paul Chew's trades and holding each position for 3 Months would result in 50.00% of your transactions generating a profit, with an average return of +0.55% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
Go Premium
1 Year
Paul ChewPhillip Securities
Success Rate
2/4 ratings generated profit
50%
Average Return
-1.40%
reiterated a buy rating 6 months ago
Copying Paul Chew's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of -1.40% per trade.
2 Years
Paul ChewPhillip Securities
Success Rate
2/4 ratings generated profit
50%
Average Return
-1.57%
reiterated a buy rating 6 months ago
Copying Paul Chew's trades and holding each position for 2 Years would result in 50.00% of your transactions generating a profit, with an average return of -1.57% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
Go Premium
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

OV8 Analyst Recommendation Trends

Currently, no data available
Please return soon. This page is being updated.
Each month's total comprises the sum of three months' worth of ratings.
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OV8 Financial Forecast

OV8 Earnings Forecast

The previous quarter’s earnings for OV8 were S$0.02.
The previous quarter’s earnings for OV8 were S$0.02.

OV8 Sales Forecast

The previous quarter’s earnings for OV8 were S$331.42M.
The previous quarter’s earnings for OV8 were S$331.42M.

OV8 Stock Forecast FAQ

What is SG:OV8’s average 12-month price target, according to analysts?
Based on analyst ratings, Sheng Siong Group Ltd.’s 12-month average price target is S$1.64.
    What is SG:OV8’s upside potential, based on the analysts’ average price target?
    Sheng Siong Group Ltd. has 7.89% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is Sheng Siong Group Ltd. a Buy, Sell or Hold?
          Sheng Siong Group Ltd. has a conensus rating of Hold, which is based on 1 buy ratings, 1 hold ratings and 1 sell ratings.
            What is Sheng Siong Group Ltd.’s share price target?
            The average share price target for Sheng Siong Group Ltd. is S$1.64. This is based on 3 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst share price target is S$1.88 ,and the lowest forecast is S$1.43. The average share price target represents 7.89% Increase from the current price of S$1.52.
              What do analysts say about Sheng Siong Group Ltd.?
              Sheng Siong Group Ltd.’s analyst rating consensus is a Hold. This is based on the ratings of 3 Wall Streets Analysts.
                How can I buy shares of Sheng Siong Group Ltd.?
                To buy shares of SG:OV8, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.
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