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ST Engineering
Broker's Calls
RHB maintains 'buy' and $4.50 target price for ST Engineering following $175 million contract for bus systems
RHB sees limited earnings downside risks from possible changes in borrowing costs
May 06, 2024
Contracts
ST Engineering wins $175 million worth of contracts to upgrade bus fleet and systems
The contracts are to be fulfilled by 2027
May 02, 2024
Broker's Calls
RHB keeps 'buy' and $4.50 price target on ST Engineering, with both growth and defensive yield
RHB is projecting a 15% profit CAGR for FY2023 to FY2026 and a 4% dividend yield
April 08, 2024
Broker's Calls
Healthy outlook for MRO providers in 2024, CGS International lifts TPs for SIA Engineering and ST Engineering
The analysts are keeping “overweight” on the airport services sector.
February 21, 2024
Broker's Calls
DBS raises ST Engineering target price as narrative changes from defensive to growth
A potential increase in its dividends - which is now at four cents per quarter - could also catalyse a re-rating
November 14, 2023
Investing ideas
The arms bazaar remains bustling amid another flare-up
The global market for 'tools of deterrence' is at an all-time-high
October 11, 2023
Investing ideas
As bulls and bears remain asleep, stay put in high-yield and non-cyclical counters
'Either the share prices go up, or earnings will come down. Of course, we hope valuations will go up'
October 09, 2023
Broker's Calls
OCBC lifts ST Engineering's target price on improving aerospace outlook
In the latest 2QFY2023, ST Engineering added $4.7 billion worth of orders, bringing the total orderbook to a record S$27.7 billion
September 20, 2023
Broker's Calls
RHB Bank Singapore lifts ST Engineering’s TP to $4.25 as it expects its strong share price performance to continue
The stock’s share price has risen 10% year-to-date and outperformed the STI by 7%.
August 04, 2023
New appointments
ST Engineering creates new leadership role, expands group executive committee
The strategic role is dedicated to driving the company’s growth in smart city and digital businesses.
June 30, 2023