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Thursday, November 19, 2015 - 05:50
ST Engineering.jpg
In reaction to the weak Q315 results and lower FY15 PBT guidance, STE's stock price fell nearly 12 per cent from a close of S$3.30 on Nov 5 to an intraday low of S$2.92 on Nov 16.

ST Engineering | Buy

Nov 18 close: S$2.88

Target price: S$3.22

OCBC Investment Research, Nov 18

In reaction to the weak Q315 results and lower FY15 PBT guidance, STE's stock price fell nearly 12 per cent from