Despite Sheng Siong stock slide, reason for optimism remains in business outlook: Analysts
Sheng Siong shares fall over 9% to a one-year low after a modest Q3 profit rise and concerns over competition and costs.
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- Sheng Siong shares continue last week’s slide, fall over 9% to hit one-year low.
- Analysts cut Sheng Siong target price as rising costs cloud earnings outlook.
Who's reporting it
- SStocksBNBCenter
Sheng Siong Group Ltd - Some headwinds approaching
- TEThe Edge SingaporeCenter
PhillipCapital lowers Sheng Siong’s target price to $2.75 on approaching headwinds
- CLCNA LifestyleCenter
Despite Sheng Siong stock slide, reason for optimism remains in business outlook: Analysts
- TBThe Business TimesCenter
Analysts cut Sheng Siong target price as rising costs cloud earnings outlook
- TSThe Straits TimesCenter
Sheng Siong shares continue last week’s slide, fall over 9% to hit one-year low
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