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Analysts Offer Insights on Industrial Goods Companies: Sembcorp Marine (OtherSMBMF), SIA – Singapore Airlines (OtherSINGF) and Comfortdelgro (OtherCDGLF)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Sembcorp Marine (SMBMFResearch Report), SIA – Singapore Airlines (SINGFResearch Report) and Comfortdelgro (CDGLFResearch Report).

Sembcorp Marine (SMBMF)

In a report issued on May 16, Pei Hwa Ho from DBS maintained a Buy rating on Sembcorp Marine, with a price target of S$0.18. The company’s shares closed last Friday at $0.10.

Ho has an average return of 25.0% when recommending Sembcorp Marine.

According to TipRanks.com, Ho is ranked #1678 out of 8406 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Sembcorp Marine with a $0.13 average price target, representing an 85.7% upside. In a report issued on May 4, UOB Kay Hian also maintained a Buy rating on the stock with a S$0.15 price target.

See the top stocks recommended by analysts >>

SIA – Singapore Airlines (SINGF)

In a report released yesterday, Ada Lim from OCBC Investment maintained a Hold rating on SIA – Singapore Airlines, with a price target of S$6.50. The company’s shares closed last Friday at $4.60, equals to its 52-week high of $4.60.

Currently, the analyst consensus on SIA – Singapore Airlines is a Moderate Buy with an average price target of $4.63, a 1.8% upside from current levels. In a report issued on May 17, CGS-CIMB also maintained a Hold rating on the stock with a S$6.15 price target.

Comfortdelgro (CDGLF)

In a report issued on May 16, Eric Ong from Maybank maintained a Buy rating on Comfortdelgro, with a price target of S$1.45. The company’s shares closed last Wednesday at $0.88.

According to TipRanks.com, Ong is ranked #4326 out of 8406 analysts.

Currently, the analyst consensus on Comfortdelgro is a Moderate Buy with an average price target of $1.00, a 19.8% upside from current levels. In a report released yesterday, RHB Capital also maintained a Buy rating on the stock with a S$1.25 price target.

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