In addition, it has a compelling growth story that leverages on synergies between its various businesses. The group will be able to offset the weakness in its offshore and marine (O&M) segment with growth from property and investments.
SINGAPORE (Dec 18): KGI Securities is maintaining its “buy” call on Keppel Corporation with a target price of $8.67.
According to KGI, the group’s downside may be limited on the back of its 15-year historical low valuations.
