Stock Name: IFAST
Company Name: IFAST CORPORATION LTD.
Company Name: IFAST CORPORATION LTD.
| Research House: OCBC | Price Call: BUY | Target Price: 1.60 |
SINGAPORE (May 20): OCBC Research is initiating coverage on iFAST Corp with a "buy" call and a target price of $1.60.
In a report out today, OCBC likes iFAST for its unique proposition as an Internet-based investment platform as well as new initiatives to drive growth from 2H15.
"We believe iFAST offers investors a unique investment proposition as a direct proxy to the wealth management industry as well as an angle into digital finance," says analyst Lim Sue Lin.
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