In a report released today, Roy Chen from UOB Kay Hian maintained a Buy rating on SIA Engineering Co (SEGSF – Research Report), with a price target of S$2.67. The company’s shares closed last Friday at $1.74.
According to TipRanks, Chen is a 2-star analyst with an average return of 0.5% and a 25.00% success rate. Chen covers the Industrial Goods sector, focusing on stocks such as SIA Engineering Co, SATS, and SIA – Singapore Airlines.
Currently, the analyst consensus on SIA Engineering Co is a Strong Buy with an average price target of $2.06.
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SEGSF market cap is currently $1.94B and has a P/E ratio of 40.12.
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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.
