Riverstone Holdings (RS)

Broker's Calls

Brokers' Digest: Riverstone, Aztech Global, UOL Group

See what the analysts say this week.

Broker's Calls

RHB Bank Singapore keeps ‘buy’ on Riverstone at lowered target price of $1.04

The analysts note that the company’s cleanroom gloves segment has seen a steady growth in momentum.

Broker's Calls

RHB upgrades Riverstone to ‘buy’ as company is in ‘sweet spot’ to capitalise on recovery of global semicon sales

The team has also upped its target price estimate to 93 cents, implying 18 times FY2024 P/E.
UOB Kay Hian upgrades Riverstone to ‘buy’ with higher TP of 82 cents - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian upgrades Riverstone to ‘buy’ with higher TP of 82 cents

The upgrade comes as UOB Kay Hian sees that the recovery in the semiconductor industry will benefit the cleanroom glove segment.

Broker's Calls

RHB upgrades Riverstone to 'neutral' on cleanroom margins; DBS cuts TP estimate on lower ASP assumption

RHB has upped its TP to 74 cents, while DBS has lowered its TP to 97 cents.
Riverstone Holdings subsidiary acquires land in Selangor for RM5 mil - THE EDGE SINGAPORE

Property

Riverstone Holdings subsidiary acquires land in Selangor for RM5 mil

The acquisition will be funded from internal resources and will not have any material impact on the group's EPS or NTA this FY.
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