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Analysts say worst could be over for SATS

CGS-CIMB raises stock to 'hold'; OCBC's research team notes easing of travel curbs

Published Tue, Aug 25, 2020 · 09:50 PM

Singapore

CGS-CIMB has upgraded its call on SATS from "reduce" to "hold", and raised the counter's target price from S$2.80 price to S$3.00.

OCBC Investment Research has maintained its "hold" call on the ground handler and food solutions provider, with a fair-value estimate of S$2.93.

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