Analysts say SIA is fairly valued, with several adjusting target price
Their projections for FY2026 net profit range from S$900 million to S$1.4 billion
[SINGAPORE] Analysts have commented that the share price of Singapore Airlines (SIA) is fairly valued at the moment, even as several lifted their target price and recommended a “hold” on the stock, after the airline group published its FY2025 results.
Their projections for FY2026 net profit range from S$900 million to S$1.4 billion.
On May 15, SIA announced a 3.9 per cent rise in its bottom line to a record S$2.8 billion for the full year, boosted by a one-off, non-cash gain of S$1.1 billion from the Air India-Vistara merger. Revenue was at S$19.6 billion, up 2.8 per cent.
TRENDING NOW
Ohmyhome sells real estate business for US$1 with operations to continue under private ownership
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
China’s capital crackdown: Why Hong Kong will still keep its edge over Singapore, others
Singapore to introduce new corporate structure for insurance, speed up approval of new fund types: DPM Gan