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UOB Kay Hian downgrades SIA – Singapore Airlines (SINGF) to a Sell
UOB Kay Hian analyst Roy Chen downgraded SIA – Singapore Airlines to a Sell yesterday and set a price target of S$6.16. The company’s shares closed yesterday at S$6.48.
According to TipRanks, Chen is ranked #3006 out of 12439 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for SIA – Singapore Airlines with a S$7.42 average price target.
Based on SIA – Singapore Airlines’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of S$5.34 billion and a net profit of S$440.9 million. In comparison, last year the company earned a revenue of S$5.02 billion and had a net profit of S$1.02 billion
Read More on SINGF:
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