Riverstone Holdings (RS)

Broker's Calls

Margins weak for Riverstone but expansion plans on track

SINGAPORE (May 22): With margins under pressure at Riverstone Holdings, analysts say growth recovery would only be seen after 1Q19 given its expansion plans are on track.

Broker's Calls

Riverstone raised to ‘hold’ by CIMB with 91 cents target

SINGAPORE (June 23): CIMB has upgraded Riverstone Holdings to “hold” from “reduce” with an unchanged target price of 91 cents as the manufacturer of cleanroom and healthcare gloves nears the completion of the third phase in its capacity expansion
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