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Brokers' Digest: Marco Polo Marine, UMS Holdings, Frencken Group, Far East Hospitality Trust, Keppel Pacific Oak US REIT

The Edge Singapore
The Edge Singapore • 17 min read
Brokers' Digest: Marco Polo Marine, UMS Holdings, Frencken Group, Far East Hospitality Trust, Keppel Pacific Oak US REIT
At Marco Polo Marine's shipyard in Batam. Photo: Marco Polo Marine
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Marco Polo Marine
Price targets:
UOB Kay Hian ‘buy’ 7 cents
RHB Bank Singapore ‘buy’ 7.3 cents

Higher target prices with tailwinds seen

Analysts remain positive about Marco Polo Marine (SGX:5LY) after the group’s results for the 1QFY2024 ended Dec 31, 2023, surpassed expectations.

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