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CGS-CIMB Keeps Their Hold Rating on SIA Engineering Co (SEGSF)
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CGS-CIMB Keeps Their Hold Rating on SIA Engineering Co (SEGSF)

CGS-CIMB analyst Kenneth TAN reiterated a Hold rating on SIA Engineering Co (SEGSFResearch Report) yesterday and set a price target of S$2.46. The company’s shares closed last Monday at $1.75.

According to TipRanks, TAN is a 2-star analyst with an average return of -1.0% and a 33.33% success rate.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for SIA Engineering Co with a $2.02 average price target.

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SEGSF market cap is currently $1.94B and has a P/E ratio of 40.23.

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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.

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