There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Keppel REIT (KREVF – Research Report) and ST Engineering (SGGKF – Research Report) with bullish sentiments.
Keppel REIT (KREVF)
In a report issued on September 25, Lock Mun Yee from CGS-CIMB reiterated a Buy rating on Keppel REIT, with a price target of S$1.14. The company’s shares closed last Monday at $0.66.
According to TipRanks.com, Yee is a 1-star analyst with an average return of
Keppel REIT has an analyst consensus of Moderate Buy, with a price target consensus of $0.74.
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ST Engineering (SGGKF)
ST Engineering received a Buy rating and a S$4.50 price target from Phillip Securities analyst Peggy Mak yesterday. The company’s shares closed last Thursday at $2.80, close to its 52-week high of $2.89.
According to TipRanks.com, Mak is ranked #5372 out of 8548 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for ST Engineering with a $3.16 average price target.
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