DBS analyst Pei Hwa Ho reiterated a Buy rating on Seatrium Limited (SMBMF – Research Report) today and set a price target of S$3.00. The company’s shares closed last Friday at $1.40.
According to TipRanks, Hwa Ho is ranked #1544 out of 9182 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Seatrium Limited with a $2.10 average price target, representing a 50.00% upside. In a report released on November 12, UOB Kay Hian also maintained a Buy rating on the stock with a S$2.80 price target.
Based on Seatrium Limited’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $0. In comparison, last year the company had a net profit of $0
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Seatrium Limited (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.
