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Brokers' take
Published Mon, Feb 5, 2018 · 09:50 PM
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SingPost | Buy Target price: S$1.61 Feb 5 close: S$1.43 DBS Group Research, Feb 5
WE upgraded Singapore Post to "Buy" as we think its postal segment's margin decline may have bottomed out, eCommerce segment's turnaround in place that offsets pressures at logistics segment.
We now have a more positive view over the long-term growth outlook for SingPost. We believe that SingPost, being the dominant player locally…
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