CWT held at 'buy' with target price of $1.66 by OSK-DMG

Stock Name: CWT
Company Name: CWT LIMITED

Research House: OSK-DMG

Price Call: BUY

Target Price: 2.00

SINGAPORE (Nov 10): OSK-DMG has maintained its "buy" call on CWT, the provider of specialised logistics services, with an unchanged target price of $2 or an upside of 20.5%.

In a report dated Nov 10, OSK-DMG analyst Shekhar Jaiswal says CWT saw a strong 9M14, with profit growing 66% on strong revenue growth. He also expects CWT's new warehouses to provide stable growth and higher margins.