Dear readers, Singtel stock is currently trading at $3.41 per share. Recently, six analysts have published their analyst reports on Singtel stock and five of the analysts are recommending a "Buy" or "Add" rating with only May Bank Kim Eng giving a "Hold" rating with a target price of $3.57 (i.e. 4.7% upside).
The consensus target price of Singtel seems to be in the range of $3.85 to $3.90 since CIMB, RHB securities have "Buy"/"Add" call with target price of $3.90 with DBS Vickers giving a "Buy" call with target price of $3.85. Taking the lower of the two target prices, this means a consensus (among three analysts) of a potential upside of 12.9% for Singtel stock.
OCBC Securities and UOB Kay Hian have the highest target price for Singtel stock at $4.22 and $4.10 respectively.
From technical analysis, the "floor" for Singtel stock is $3.35 and the "resistance" for Singtel stock is $3.60.
You can view all the analyst reports here.
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