Sginvest
2022-10-23
$SINGAPORE EXCHANGE LIMITED(S68.SI)$

Singapore Exchange's business growth may stay muted in FY 2023, RHB Research analyst Shekhar Jaiswal says in a research report. The analyst lowers the stock's target price to S$9.00 from S$10.30 with an unchanged neutral rating. Based on SGX's 1Q FY 2023 reported data, its implied FY 2023 securities daily average value and derivatives daily average volume missed RHB's forecasts, the analyst notes.

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Comments

  • powerbert
    2022-10-23
    powerbert
    I am waiting to buy back at 8.00
  • jat
    2022-10-24
    jat
    Good to buy some once it falls to 8... it's still a gd counter long or short term... 8 to projected 10 is a 25% increase
  • kokakun
    2022-10-24
    kokakun
    Further drop, sell now buy after 2mths
  • summerlad
    2022-10-23
    summerlad
    hmmm I think it doesn't really warrant a sell
  • YiCheng0301
    2022-10-23
    YiCheng0301
    pivot soon
  • BryanChua17
    2022-10-24
    BryanChua17
    DCA is another good option for this stock
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