DBS downgrades NOL to fully valued

Stock Name: NOL
Company Name: NEPTUNE ORIENT LINES LIMITED

Research House: DBS Vickers

Price Call: SELL

Target Price: 1.05

DBS Vickers has downgraded Singapore container shipping firm Neptune Orient Lines (NOL) (NEPS.SI) to fully valued from hold and cut its target price to $1.05 from $1.11.