Stock Name: Semb Corp
Company Name: SEMBCORP INDUSTRIES LTD
DBS Vickers has reiterated its buy recommendation on Sembcorp Industries and increased its target price to $6 per share, from $5.80. DBS Vickers said Sembcorp’s utilities division should post decent growth with next year's performance even outpacing its regional utilities peers. Furthermore, the utilities stock offers exposure to potential upsides in the oil and gas market yet is more resilient than an oil and gas pure play.
Company Name: SEMBCORP INDUSTRIES LTD
| Research House: DBS Vickers | Price Call: BUY | Target Price: 6.00 |
DBS Vickers has reiterated its buy recommendation on Sembcorp Industries and increased its target price to $6 per share, from $5.80. DBS Vickers said Sembcorp’s utilities division should post decent growth with next year's performance even outpacing its regional utilities peers. Furthermore, the utilities stock offers exposure to potential upsides in the oil and gas market yet is more resilient than an oil and gas pure play.
No comments:
Post a Comment