Brokers' Take
Venture Corp | Buy (upgraded) June 10 close: S$15.70 Target price: S$19.74 Maybank Kim Eng, June 10
We upgrade Venture Corp on a price basis with unchanged earnings estimates and target price. As at Friday, the shares have fallen 18 per cent since late-April amid a broad sector sell-off. Given the earnings volatility, we favour Venture due to its more secure longer-term prospects.
These include the resumption of growth from a broad base of more t…
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