UOB Kay Hian (UOBKH), Maybank Securities and CGS International analysts have maintained “buy” and “add” calls on Singapore Post (SGX:S08
) (SingPost) with higher target prices of 72 cents, 77 cents and 74 cents, respectively, after the company announced its plans to sell its Australian business.
Singapore Post
Price targets:
UOB Kay Hian ‘buy’ 72 cents
Maybank Securities ‘buy’ 77 cents
CGS International ‘add’ 74 cents
OCBC Investment Research ‘hold’ 58 cents
Asset sale Down Under
