Analysts Meghana Kande and Lim Siew Khee have upgraded their call on Sheng Siong to “buy” from “hold” with a higher target price of $2.97 from $2.40 previously, on better visibility of its store opening pipeline and stronger gross margin expansion from its enlarged network.
CGS International is turning more bullish on supermarket operator Sheng Siong following its recent FY2025 ended Dec 31, 2025, results announcement.
