Buy Rating for Singtel: Strategic Growth and Shareholder Value Maximization
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 22 2025
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Source: Business Insider
Analyst Rating: Lee Len Chong from UOB Kay Hian has maintained a Buy rating on Singtel with a price target of S$3.58, citing the company's effective execution of its ST28 growth plan and strong financial position as key factors for potential shareholder value.
Company Overview: Singapore Telecommunications Ltd. operates in various segments including Group Consumer, Group Enterprise, and Group Digital Life, providing a wide range of telecommunications services and focusing on strategic growth initiatives to enhance returns and dividends.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
