Seatrium's Valuation Looks Attractive to Citi -- Market Talk

Dow Jones
昨天

0717 GMT - Seatrium's valuation and its share buyback program, which could help limit further volatility risk, drive Citi Research to upgrade the stock to buy from neutral while maintaining its target price of S$2.65. After the integrated shipyard's recent share-price correction, the stock is now trading at attractive levels, analyst Luis Hilado says in a note. A significant portion of Seatrium's approved S$100 million share buyback program remains in place, he adds. There is a possibility that the company may conduct further buybacks and its share purchase mandate could be renewed again at the upcoming annual general meeting, he says. Shares are last at S$2.14. (amanda.lee@wsj.com)

 

(END) Dow Jones Newswires

March 10, 2025 03:17 ET (07:17 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10