UOB Kay Hian analyst Lee Len Chong maintained a Buy rating on Singtel (SNGNF – Research Report) on April 4 and set a price target of S$3.15. The company’s shares closed last Tuesday at $1.88.
Len Chong covers the Technology sector, focusing on stocks such as Singtel, NetLink NBN, and StarHub. According to TipRanks, Len Chong has an average return of 4.8% and a 100.00% success rate on recommended stocks.
Currently, the analyst consensus on Singtel is a Strong Buy with an average price target of $2.28.
See the top stocks recommended by analysts >>
SNGNF market cap is currently $31.28B and has a P/E ratio of 19.79.
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.
Singapore Telecommunications Ltd. is an investment holding company, which engages in the provision of telecommunications systems and services. It operates through the following segments: Group Consumer, Group Enterprise, Group Digital Life, and Corporate. The Group Consumer segment includes mobile, pay TV, fixed broadband and voice, as well as equipment sales. The Group Enterprise segment provides services include mobile, equipment sales, fixed voice and data, managed services, cloud computing, cyber security, information technology, and professional consulting. The Group Digital Life segment focuses on digital marketing, regional premium over-the-top video, and advanced analytics and intelligence capabilities. The Corporate segment comprises the costs of Group functions not allocated to the business segments.The company was founded on March 28, 1992 and is headquartered in Singapore.
Read More on SNGNF:
