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Brokers' take

Published Tue, Jun 28, 2016 · 09:50 PM

Sheng Siong Group | Buy

June 28 close: S$0.875

Target price: S$0.95

OCBC Investment Research, June 28

In view of the near-term volatility and longer term potential repercussions from Brexit, we highlight Sheng Siong Group (SSG) as our preferred pick in the consumer sector. We recommend the stock due to several reasons. It is relatively defensive as a consumer staples company, and with its current earnings solely exposed to Singapore, …

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