In a report released today, John Cheong from UOB Kay Hian maintained a Buy rating on CSE Global (CSYJF – Research Report), with a price target of S$0.61. The company’s shares closed last Tuesday at $0.26.
Cheong covers the Industrials sector, focusing on stocks such as CSE Global, UMS Holdings, and Valuetronics Holdings. According to TipRanks, Cheong has an average return of 5.6% and a 62.16% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CSE Global with a $0.38 average price target, a 44.16% upside from current levels. In a report released yesterday, CGS-CIMB also upgraded the stock to a Buy with a S$0.54 price target.
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The company has a one-year high of $0.37 and a one-year low of $0.22. Currently, CSE Global has an average volume of 5,037.
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CSE Global Ltd. engages in the provision of industrial automation, information technology and intelligent transport solutions, and investment holding. It operates through the following geographical segments: Asia-Pacific, Americas, and Europe/Middle East. The company was founded by Mok Koon Tan in 1985 and is headquartered in Singapore.
