Analysts expect Keppel Corp to monetise SPH's non-core assets; acquisition expected to be EPS accretive

Analysts from CGS-CIMB Research, OCBC Investment Research and UOB Kay Hian have kept “add” and “buy” on Keppel Corporation with unchanged target prices of $6.90, $6.33 and $6.48 respectively, following the group’s plans to acquire the non-media businesses in Singapore Press Holdings (SPH).