Sembcorp Industries' Medium-Term Growth Prospects Look Intact

Dow Jones
03-04

0653 GMT - Sembcorp Industries' medium-term growth prospects appear intact, UOB Kay Hian's Adrian Loh says in a research report as the brokerage maintains the stock's buy rating. The industrial conglomerate has secured three new investment licenses in Vietnam, expanding its land bank and positioning its integrated urban solutions segment for growth in the high-potential market, the analyst notes. After the completion of its 30% stake acquisition in Senoko Energy, the company said it will seek to build on the asset's prime location in the north of Singapore in the near-to-medium term. The brokerage lifts its 2025-2026 earnings forecasts for the company by 2%-8%. It raises the stock's target price to S$8.00 from S$7.47. Shares are 0.8% lower at S$6.27.(ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

March 04, 2025 01:53 ET (06:53 GMT)

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

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

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