Singapore Telecommunications (Singtel)

Here's what the analysts have to say this week.

Analyst Sachin Mittal raised his target price for Singtel to $4.27, expecting the HoldCo discount to narrow to 10% to 15%.

After this transaction, Singtel will hold a 28.3% stake in Airtel, valued at an estimated $48 billion, and generate an estimated gain of $1.4 billion.

The telco has also deployed the 700MHz spectrum, which helped increase network signal strength of up to 40% in high-rise buildings, indoor and underground spaces and in remote areas across Singapore.

Analyst Prem Jearajasingam raised the target price for Singtel to $4, citing stronger valuations of its regional associates, particularly Bharti Airtel.

Maybank Securities analyst Hussaini Saifee cites the telco’s defensive characteristics amid tariffs and macro uncertainty along with safe haven flows as key tailwinds.

The SPEED programme aims to help SMEs take practical action towards decarbonisation.

GKE Retails will also oversee another seven retail outlets that are owned and operated by independent dealers under the dealership arrangement.

Philips Capital, Maybank and DBS Group Research have raised their target price while HSBC Global Research and UOB Kay Hian have kept them unchanged.

The telco's underlying net profit was up 22% y-o-y to $680 million.