Floating Button
Home Capital Broker's Calls

Analysts bearish on Venture Corp in the near term, Citi downgrades to ‘neutral’

Douglas Toh
Douglas Toh • 6 min read
Analysts bearish on Venture Corp in the near term, Citi downgrades to ‘neutral’
In the period, Venture Corp’s net profit dipped 4.7% y-o-y to $60.6 million due to the 3.9% y-o-y lower revenue of $689.7 million.Photo: Venture Corp
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Following Venture Corporation’s 3QFY2024 ended Sept results, Citi Research analyst Arthur Pineda has downgraded his call on the company from “buy” to “neutral” at a reduced target price of $14 from $15.70 previously.

On the other hand, the analysts at CGS International (CGSI) and Maybank Securities have kept their “hold” and “add” calls at respective lowered target prices of $14.34 and $12.60 from $15.95 and $14.20 previously. Meanwhile, DBS Group Research and RHB Bank Singapore have both kept their “buy” calls at respective lowered target prices of $15.10 and $15.40 from $16.40 and $16.46 previously.

Only PhillipCapital analyst Paul Chew kept his “neutral” call and target price of $13 unchanged.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.