Tuesday, February 17, 2015

Silverlake kept at 'sell' call with $1.13 target price

Stock Name: Silverlake Axis
Company Name: SILVERLAKE AXIS LTD
Research House: OSK-DMGPrice Call: SELLTarget Price: 1.13



SINGAPORE (Feb 16): OSK DMG Partners & Research has maintained its sell call on banking software developer Silverlake Axis with a slightly higher target price (TP) of $1.13 , however the research house feels that Silverlake's current valuations still represent a premium, coupled with a slowdown in topline growth and a lack of catalyst for further upside.

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