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Analysts Offer Insights on Technology Companies: Venture (OtherVEMLF) and Singapore Technologies Engineering (OtherSGGKF)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Venture (VEMLFResearch Report) and Singapore Technologies Engineering (SGGKFResearch Report) with bullish sentiments.

Venture (VEMLF)

Maybank analyst Jarick Seet maintained a Buy rating on Venture today and set a price target of S$20.20. The company’s shares closed last Friday at $14.05.

Seet has an average return of 3.7% when recommending Venture.

According to TipRanks.com, Seet is ranked #4658 out of 8343 analysts.

Currently, the analyst consensus on Venture is a Strong Buy with an average price target of $15.27, an 8.7% upside from current levels. In a report issued on February 24, CGS-CIMB also maintained a Buy rating on the stock with a S$20.10 price target.

See Insiders’ Hot Stocks on TipRanks >>

Singapore Technologies Engineering (SGGKF)

Maybank analyst Kelvin Tan maintained a Buy rating on Singapore Technologies Engineering yesterday and set a price target of S$4.10. The company’s shares closed last Wednesday at $2.63.

According to TipRanks.com, Tan is a 2-star analyst with an average return of 3.9% and a 71.4% success rate. Tan covers the Technology sector, focusing on stocks such as NetLink NBN, StarHub, and Singtel.

Currently, the analyst consensus on Singapore Technologies Engineering is a Strong Buy with an average price target of $2.99.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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