DBS Group Research analyst Ling Lee Keng has raised her target price to $12 from $10 as she lauds iFast’s “strong” 3QFY2025 results, which were driven by strength across its wealth and pension segments.
Analysts from DBS Group Research, UOB Kay Hian, CGS International and Aletheia Capital are bullish on iFast Corporation after the company reported record-high assets under administration (AUA) of $30.62 billion and a record net profit of $26.01 million in the 3QFY2025 ended Sept 30.
All of the analysts have maintained their “add” and “buy” calls with higher target prices.
