Given Singtel’s market leading position, the analysts are optimistic that it will be able to maintain stable ebitda in the coming FY2026 ending March 2026 and FY2027.
HSBC Global Research analysts have kept their “buy” call on Singapore Telecommunications (SGX:Z74
) (Singtel) but with a slightly raised target price of $3.70 from $3.65 previously.
According to their report dated Jan 20, Singapore’s telco consolidation is not a matter of “if” but “when”, due to intense price competition and low returns for smaller operators.
