Phillip Securities analyst Peggy Mak maintained a Sell rating on SIA – Singapore Airlines (SINGF – Research Report) today and set a price target of S$5.91. The company’s shares closed yesterday at $5.03.
According to TipRanks, Mak is ranked #4101 out of 8675 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for SIA – Singapore Airlines with a $5.06 average price target, representing a 0.60% upside. In a report released yesterday, CLSA also maintained a Sell rating on the stock with a S$6.80 price target.
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SINGF market cap is currently $16.27B and has a P/E ratio of 8.09.
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SIA – Singapore Airlines (SINGF) Company Description:
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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