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UOB Kay Hian initiates coverage on Nanofilm with 'buy', TP of $4.07

Jeffrey Tan
Jeffrey Tan • 2 min read
UOB Kay Hian initiates coverage on Nanofilm with 'buy', TP of $4.07
UOBKH believes Nanofilm will benefit from the growth in demand for advanced materials in the coming years.
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Fresh off a listing on the Mainboard of the Singapore Exchange in October, Nanofilm Technologies International has caught the attention of UOB KayHian in its initiation report.

The brokerage has started coverage of the technology solutions provider with a “buy” rating and target price of $4.07.

According to UOBKH, Nanofilm’s vacuum coating technology solutions have enabled its blue-chip customers to achieve greater user life, enhanced aesthetics and functionality in their end products.

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