Analysts are mostly positive on ST Engineering’s prospects after the group announced that it was acquiring mobility business TransCore on Oct 3.
ST Engineering
Price target:
CGS-CIMB “add” $4.54
DBS Group Research “buy” $4.55
RHB Group Research “buy” $4.85
Citigroup “sell” $3.68
CLSA Underperform $3.78
ST Engineering’s largest acquisition ever draws mixed calls
