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OCBC maintains $8.90 fair value on ST Engineering, on sustained defence spending and other growth drivers QA

The Edge Singapore
The Edge Singapore  • 9 min read
OCBC maintains $8.90 fair value on ST Engineering, on sustained defence spending and other growth drivers QA
ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.
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ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight (SGX:S68) .

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

See also: Riverstone shares surge on UOB Kay Hian's higher target price of 98 cents led by AI-end demand

ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

See also: QA Riverstone shares surge on UOB Kay Hian's higher add target price of 98 cents led by AI-end demand url

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

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ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

ST Engineering shares dropped by some 14% after its 1HFY2025 results a fortnight ago.

Even so, OCBC Investment Research remains bullish on this stock, keeping its "buy" call and target price as the company's fundamentals remain and its year to date share price gain of some 60% is deemed to have more legs.

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