As cost of living rises, Cheong and Mo believe that consumers may shift towards the group’s value-for-market products.
UOB Kay Hian (UOBKH) analysts John Cheong and Heidi Mo have kept their “buy” call on Sheng Siong Group (SGX:OV8
) following its 1QFY2024 results ended March, which was “largely in line” with their expectations.
The analysts have too kept their target price at $1.88.
