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Brokers’ Digest: Singtel, Boustead Singapore, MLT, MUST, FLCT, Hutchison Port Holdings Trust, Riverstone, ISOTeam, Zixin

The Edge Singapore
The Edge Singapore • 16 min read
Brokers’ Digest: Singtel, Boustead Singapore, MLT, MUST, FLCT, Hutchison Port Holdings Trust, Riverstone, ISOTeam, Zixin
Here's what the analysts have to say this week. Photo: Bloomberg
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Singapore Telecommunications
Price target:
CGS International ‘hold’ $4

DPU disappointment and challenging outlook

Prem Jearajasingam of CGS International has downgraded Singapore Telecommunications (SGX:Z74) (Singtel) to “hold” from “add” while raising the target price to $4 from $3.75.

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