Stock Name: CSE Global
Company Name: CSE GLOBAL LTD
Company Name: CSE GLOBAL LTD
| Research House: DBS Vickers | Price Call: BUY | Target Price: 0.65 |
SINGAPORE (May 12): DBS Vickers has upgraded CSE Global to "buy" from "hold", citing the stock's 5% dividend yield and 14% upside to its 65-cent price target.
The company, which develops systems integration solutions for various industries, including offshore oil and gas, has been able to expand its order book, which stands at over $250 million, despite budget cuts by companies in the energy sector, according to DBS Vickers analyst Sachin Mittal.
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