In a report released on February 6, Roy Chen from UOB Kay Hian maintained a Buy rating on SIA Engineering Co (SEGSF – Research Report), with a price target of S$2.70. The company’s shares closed last Friday at $1.74.
Chen covers the Industrial Goods sector, focusing on stocks such as SIA Engineering Co, Singapore Airlines, and SATS. According to TipRanks, Chen has an average return of 8.1% and a 75.00% success rate on recommended stocks.
SIA Engineering Co has an analyst consensus of Moderate Buy, with a price target consensus of $2.03.
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SEGSF market cap is currently $2.08B and has a P/E ratio of 37.83.
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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.
