Seatrium Limited’s Strong Order Book and Margin Improvement Justify Buy Rating
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 22 2025
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Source: Business Insider
Analyst Rating and Price Target: Wall Street analyst Lim Siew Khee from CGS-CIMB has reiterated a Buy rating for Seatrium Limited (SMBMF) with a price target of S$2.90, citing a strong order book valued at approximately S$25 billion and improving gross margins as key factors.
Growth Opportunities and Risks: The company is expected to benefit from potential contract awards and an overall positive outlook, despite some risks related to project costs and order cancellations.
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.
