Sustainability is at the core of Vision 2030, with Keppel Corp refocusing its portfolio to be an integrated business instead of a conglomerate, to provide sustainable urban solutions, and set high-impact sustainability goals such as carbon emissions, and waste and water.
SINGAPORE (May 29): Following Keppel Corporation’s unveiling of Vision 2030 to chart its growth path for the next decade on Thursday, DBS Group Research analyst Ho Pei Hwa is maintaining the company’s “buy” call with an unchanged price target of $6.80, which represents a 14% upside of the stock.
“Vision 2030 illustrates Keppel’s mission to be a creator of low-carbon smart cities, and [a] powerhouse of end-to-end solutions for sustainable urbanisation; and re-emphasises its target to deliver 15% ROE with good dividends and strong growth trajectory,” says Ho in a note dated May 29.
