UOB Kay Hian analyst Adrian Loh maintained a Buy rating on Sembcorp Marine (SMBMF – Research Report) on September 26 and set a price target of S$0.19. The company’s shares closed last Tuesday at $0.09.
According to TipRanks, Loh is ranked #2183 out of 8482 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Sembcorp Marine with a $0.14 average price target, representing a 53.34% upside. In a report released on September 21, DBS also maintained a Buy rating on the stock with a S$0.18 price target.
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SMBMF market cap is currently $6.52B and has a P/E ratio of -15.32.
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Sembcorp Marine (SMBMF) Company Description:
Sembcorp Marine Ltd. is an investment holding company, which engages in the provision of management services. It operates through the following segments: Rigs & Floaters, Repairs & Upgrades, Offshore Platforms and Specialized Shipbuilding; Ship Chartering; and Others. The Others segment includes bulk trading in marine engineering related products; provision of harbour tug services to port users; collection and treatment of used copper slag; and the processing and distribution of copper slag for blast cleaning purposes. The company was founded on April 25, 1963 and is headquartered in Singapore.
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