SUBSCRIBERS
Brokers' take
Published Fri, Sep 4, 2015 · 09:50 PM
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SMRT Corp
Hold
Sept 4 close: S$1.18
Target price: S$1.22
DBS Group Research, Sept 4
We upgrade our recommendation to "hold" (from "fully valued") with an adjusted target price of S$1.22. Since the July 7 train disruption incident and our downgrade thereafter, SMRT's share price has dropped by about 24 per cent in two months.
We be…
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