DBS Group Research is keeping its “buy” call and $2.30 target price on the counter. Analysts Chee Zheng Fend and Andy Sim view the stock as costly but not expensive in an Aug 1 report, shortly after the duo released a report on July 31 immediately post-earnings but before the analyst briefing.
Analysts are keeping a positive stance on Sheng Siong Group (SSG) amid the group’s expansion plans and gross margin improvement. Recent 1HFY2025 ended June 30 earnings also showed positive results.
See more: Sheng Siong Group reports 3.4% y-o-y higher earnings for 1HFY2025 of $72.35 million
