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UOB Kay Hian Sticks to Its Buy Rating for SIA Engineering Co (SEGSF)

UOB Kay Hian analyst Adrian Loh maintained a Buy rating on SIA Engineering Co (SEGSFResearch Report) on January 4 and set a price target of S$2.60. The company’s shares closed last Friday at $1.74.

According to TipRanks, Loh is ranked #4978 out of 8180 analysts.

Currently, the analyst consensus on SIA Engineering Co is a Strong Buy with an average price target of $1.94.

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Based on SIA Engineering Co’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $0. In comparison, last year the company had a net profit of $0

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SIA Engineering Co. Ltd. engages in the provision of airframe maintenance, component overhaul services and fleet management programme, the provision of line maintenance and technical ground handling services and investment holdings. It operates through the following two segments: Airframe and Line Maintenance, and Engine and Component. The Airframe and Line Maintenance segment provides airframe maintenance, line maintenance, and fleet management programme. The Engine and Component segment includes component overhaul and engine repair and overhaul services. The company was founded on March 16, 1982 and is headquartered in Singapore.

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