SembMar - SembCorp Marine lowered to 'Hold' from 'Buy' at Citigroup

Stock Name: SembMar
Company Name: SEMBCORP MARINE LTD
Research House: Citigroup

SembCorp Marine was lowered to “hold” from “buy” at Citigroup Inc., which said the valuations are less attractive after a strong rally. The brokerage raised the share-price estimate to $5.60 from $4.60, according to the report by analysts Horng Han Low and Si Xian Goh.