Yik Ban Chong of PhillipCapital has become more positive on Soilbuild Construction Group, as he has raised his valuation multiples for this stock to align it closer with its peers. In his September 29 note, Chong maintained his “buy” call and raised his target price to $3.41 from $2.68.
Soilbuild Construction Group
Price target:
PhillipCapital ‘buy’ $3.41
Higher valuation multiple with strong fundamentals
