In a report released on June 26, Paul Yong from DBS maintained a Hold rating on SIA – Singapore Airlines (SINGF – Research Report), with a price target of S$6.80. The company’s shares closed last Wednesday at $5.61.
According to TipRanks, Yong is a 3-star analyst with an average return of 9.7% and a 58.33% success rate.
In addition to DBS, SIA – Singapore Airlines also received a Hold from OCBC Investment’s Ada Lim in a report issued on June 14. However, on June 23, CLSA maintained a Sell rating on SIA – Singapore Airlines (Other OTC: SINGF).
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The company has a one-year high of $6.00 and a one-year low of $3.43. Currently, SIA – Singapore Airlines has an average volume of 3,712.
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Singapore Airlines Ltd. engages in passenger and cargo air transportation. It operates through the following segments: Singapore Airlines, SilkAir, Budget Aviation, SIAEC, and Others. The Singapore Airlines segment provides passenger air transportation under the Singapore Airlines brand with a focus on full-service passenger serving short and long haul markets. The SilkAir segment covers passenger air transportation under the SilkAir brand with a focus on full-service passenger serving regional markets. The Budget Aviation segment provides passenger air transportation under the Scoot brand with a focus on the lowcost passenger segment. The SIAEC segment provides airframe maintenance and overhaul services, line maintenance, technical ground handling services and fleet management. The company was founded on January 28, 1972 and is headquartered in Singapore.
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