SATS's current share price likely has limited downside, due to its proactive share buybacks, UOB Kay Hian analyst Roy Chen writes in a note. The in-flight caterer and ground handler looks poised for a strong 3Q FY 2025 after its 1H core performance beat expectations, he says. SATS expects the positive momentum to continue, as travel and cargo demand reaches its seasonal year-end peak, Chen says. The brokerage raises its FY 2025 core earnings estimates for SATS by 2% to S$277 million to reflect the 1H FY 2025 results beat. UOB KH also increases the stock's target price to S$4.30 from S$4.00, and maintains a buy rating. Shares last at S$3.73.(amanda.lee@wsj.com)
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。