SIA Engineering (SIA EC)

DBS and CGS-CIMB have lifted their target prices on SIA EC, but UOB has cut theirs.

SINGAPORE (Nov 26): Maybank Kim Eng Research is positive on the Singapore aviation services sector for 2020, with a pick up in the number of events in 2020 expected to fuel the sector’s continued outperformance.

SINGAPORE (Feb 11): Maybank Kim Eng is maintaining its “buy” call on SIA Engineering (SIA EC) with a lower price target of $2.85 compared to $3 previously after the group reported a 40% y-o-y decline in 3Q19 earnings due to one-off items.

SINGAPORE (Nov 26): OCBC Investment Research is maintaining its “hold” call on SIA Engineering (SIA EC) with a fair value estimate of $2.64 on the belief that the stock has few catalysts for now.

SINGAPORE (July 20): DBS Vickers Securities and Phillip Capital are maintaining “buy” and “accumulate” calls on SIA Engineering (SIA EC) with the respective target prices of $3.92 and $3.56.