The Singapore-based data analytics-driven e-commerce retailer and distributor currently has a presence in more than 20 online marketplaces globally, including Amazon, eBay, Qoo10, and Lazada.
SINGAPORE (May 28): CGS-CIMB Securities is initiating coverage on Y Ventures Group (YVEN) with an “add” recommendation and a target price of 62 cents, representing an upside of close to 25% from its current trading price.
“YVEN is a proxy to rising e-commerce and big data trend with a turnaround story,” says analyst Colin Tan in a report on Friday.
