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CGS International Keeps Their Buy Rating on SIA – Singapore Airlines (SINGF)

Tipranks - Tipranks - Sat Feb 28, 12:04AM CST

CGS International analyst Raymond Yap maintained a Buy rating on SIA – Singapore Airlines on February 25 and set a price target of S$17.44. The company’s shares closed yesterday at S$7.17.

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According to TipRanks, Yap is a 2-star analyst with an average return of 2.1% and a 50.00% success rate.

In addition to CGS International, SIA – Singapore Airlines also received a Buy from TipRanks – PerPlexity’s PerPlexity Airlines Airports and Air Services in a report issued today. However, yesterday, DBS maintained a Hold rating on SIA – Singapore Airlines (Other OTC: SINGF).

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Based on SIA – Singapore Airlines’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of S$5.02 billion and a net profit of S$1.02 billion. In comparison, last year the company earned a revenue of S$4.93 billion and had a net profit of S$616.85 million

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