Chee Zheng Feng from DBS Group Research has downgraded Sheng Siong to “hold” with an unchanged target price of $2.60, as the analyst believes that the SG60 voucher tailwind has been priced in following the recent rally in Sheng Siong’s share price.
Sheng Siong Group
Price target:
DBS Group Research ‘hold’ $2.60
SG60 voucher tailwind priced in
