Singapore Technologies Engineering (ST Engineering)

Broker's Calls

RHB still upbeat on ST Engineering but trims target price by 2.3%

Shares in ST Engineering have fallen some 3.8% over the past month.
Analysts mixed on ST Engineering’s prospects; Maybank downgrades to ‘hold’ - THE EDGE SINGAPORE

Broker's Calls

Analysts mixed on ST Engineering’s prospects; Maybank downgrades to ‘hold’

The analysts' target prices range from $4.70 to $5.32.

Company in the news

ST Engineering to showcase smart mobility solutions at SITCE 2024

ST Engineering’s mobility services business will also partner with ITE College West to provide students professional mentorship and internship opportunities at the company.

Company in the news

ST Engineering announces deployment of smart water platform for Brazilian sanitation company Aegea

In its announcement dated Oct 28, ST Engineering notes that the smart water platform is scheduled to be operational by end 2024.

Construction

ST Engineering wins $60 mil contract to design, build and operate smart network platform for Qatar's Lusail city

The project will be built on the back of ST Engineering’s Urban Solutions AGIL Smart City OS.
Temasek’s Fullerton disposes of 1,210,800 shares in ST Engineering for $5.6 mil - THE EDGE SINGAPORE

Insider moves

Temasek’s Fullerton disposes of 1,210,800 shares in ST Engineering for $5.6 mil

Following the disposal, Fullerton’s stake in ST Engineering now stands at 0.171%.

Healthcare

ST Engineering partners Philips to provide advanced digital health solutions in Apac

Shares in ST Engineering closed 1 cent higher or 0.22% up at $4.48 on Sept 3.
Analysts positive on ST Engineering’s 1HFY2024 and strong order book - THE EDGE SINGAPORE

Broker's Calls

Analysts positive on ST Engineering’s 1HFY2024 and strong order book

The analysts also see strength in the aviation sector’s outlook.
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