Singtel reported lower earnings for its FY2024 ended March no thanks to impairments but most analysts have not only maintained their positive calls on the stock but have increased their target prices too.
Singapore Telecommunications
Price targets:
PhillipCapital ‘buy’ $3
RHB Bank Singapore ‘buy’ $3.25
UOB Kay Hian ‘buy’ $2.99
OCBC Investment Research ‘buy’ $3.04
DBS Group Research ‘buy’ $3.50
HSBC Global Research ‘buy’ $3
Maybank Securities ‘buy’ $3.24
Singtel’s higher dividends keep analysts positive, target prices increase
