UOB’s analyst Lee Len Chong likes the stock for its focus on good customer experience and network quality to drive near-term profitability. This will be complemented by cost discipline and ongoing IT transformation to support high customer satisfaction over 2021-2023.
Analysts are have rather opposing views on StarHub following its recent Investor Day 2020.
On one hand, UOB Kay Hian is positive on the stock as it keeps its “buy” call with a target price of $1.40. On the other, RHB Group Research is remaining cautious as it maintains its “neutral” recommendation with a target price of $1.30.
