Floating Button
The Edge Singapore
Sign In
Home Capital Broker's Calls
Premium
Broker's Calls

PhillipCapital lowers FSL Trust's TP on tepid tanker market

Felicia Tan
Felicia Tan • 2 min read
PhillipCapital lowers FSL Trust's TP on tepid tanker market
However, the brokerage has raised its DPU estimates by 56.7%.
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

PhillipCapital analyst Vivian Ye has maintained “accumulate” on First Ship Lease Trust (FSL Trust) albeit with a lower target price of 3 cents from 5 cents previously, as profit after tax plunged 95% y-o-y on lower revenue.

TAGS
First Ship Lease Trust (FSLT)
PhillipCapital
Broker's calls
Organisation for Economic Cooperation and Development (OECD)
pandemic

Highlights

Trending Now
Apex court upholds lengthy jail terms for duo behind Singapore penny stocks crash
Ringgit hits strongest level versus Singapore dollar since 2021
Broker's Digest: Huationg, Geo Energy, ST Engineering, Oiltek, Yangzijiang
Farrer Park is said to explore sale of Singapore hospital, hotel — Bloomberg
Tan of DBS raises her target price for AEM to $4.30; recent rally has more room to go
×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
Topics
Broker's CallsResultsBanking & finance
PropertyContractsAll flash categories
Products & Services
NewsNewsletterVideosOptions
SG60AdvertisingT&CsSitemap
About Us
Our CompanyContact UsEditorial TeamJoin Us
Advertise with usFAQsPrivacy PolicyMalaysiaEvents
© 2026 The Edge Publishing Pte Ltd. All rights reserved.