"Its record $2 billion orderbook, boosted by major wins like Changi Airport T5, provides strong multi-year earnings visibility.
Heidi Mo of UOB Kay Hian believes that steel supplier BRC Asia will continue to benefit from rising demand as construction activity accelerates.
Besides keeping her "buy" call, Mo, in her Sept 5, has raised her target price for this stock from $3.29 to $4.69. Just over three months ago, Mo's price target for this counter was $2.76.
