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SAC Capital optimistic on GKE as it cements its position in logistics and construction

Lim Hui Jie
Lim Hui Jie • 2 min read
SAC Capital optimistic on GKE as it cements its position in logistics and construction
SAC Capital has started GKE Corp on a "buy" rating, with a target price of 16.3 cents.
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SAC Capital’s Tracy Lim has initiated coverage on warehousing and logistics solutions provider GKE Corp with a “buy” call and a target price of 16.3 cents.

In her report dated June 8, Lim noted that GKE posted strong results for the 1HFY2021 ended Nov 30, 2020, with stellar results expected for the FY2021.

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