There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Venture (VEMLF – Research Report), Sarine Tech (SILLF – Research Report) and Singapore Technologies Engineering (SGGKF – Research Report) with bullish sentiments.
Venture (VEMLF)
In a report issued on February 27, Ling Lee Keng from DBS maintained a Buy rating on Venture, with a price target of S$20.10. The company’s shares closed last Friday at $14.05.
Keng has an average return of
According to TipRanks.com, Keng is ranked #7200 out of 8355 analysts.
Currently, the analyst consensus on Venture is a Strong Buy with an average price target of $15.15, a 7.8% 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.
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Sarine Tech (SILLF)
In a report issued on February 28, Sachin Mittal from DBS maintained a Buy rating on Sarine Tech, with a price target of S$0.33. The company’s shares closed last Tuesday at $0.25, equals to its 52-week low of $0.25.
According to TipRanks.com, Mittal is a 3-star analyst with an average return of
Currently, the analyst consensus on Sarine Tech is a Moderate Buy with an average price target of $0.25.
Singapore Technologies Engineering (SGGKF)
DBS analyst Suvro Sarkar maintained a Buy rating on Singapore Technologies Engineering on February 27 and set a price target of S$4.20. The company’s shares closed last Tuesday at $2.64.
According to TipRanks.com, Sarkar is ranked #5367 out of 8355 analysts.
Currently, the analyst consensus on Singapore Technologies Engineering is a Strong Buy with an average price target of $3.06, implying a 15.9% upside from current levels. In a report issued on February 26, Maybank also maintained a Buy rating on the stock with a S$4.10 price target.
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