CGS-CIMB Research analyst Lim Siew Khee has kept “add” with an unchanged target price of $6.40 on Keppel Corporation following its US$2.3 billion ($3.05 billion) order win from Brazil’s National Oil Company, Petroleo Brasileiro S.A (Petrobras) on May 10.
Keppel O&M could turn profitable in 2H22 from 'big win' from Petrobras: CGS-CIMB
Felicia Tan • • 2 min read
The contract, which is the single biggest one secured since 2012, has brought the total number of new orders to $3.8 billion y-t-d
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