DBS Sticks to Their Buy Rating for ST Engineering (SGGKF)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 02 2025
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Source: Business Insider
Analyst Ratings: Jason Sum from DBS has maintained a Buy rating on ST Engineering with a price target of S$6.00, while the analyst consensus is a Strong Buy with an average price target of $4.14.
Financial Performance: ST Engineering reported a quarterly revenue of $5.52 billion and a net profit of $336.53 million for the quarter ending June 30, showing significant growth compared to last year's figures.
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.
