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Yangzijiang's strong earnings raise analysts' optimism

OCBC Investment Research raising its fair value to S$1.45 from S$1.18, DBS Group Research reviewing target price of S$1.50

Published Fri, Apr 30, 2021 · 09:50 PM

    Singapore

    FOLLOWING Yangzijiang Shipbuilding Holdings' (YZJ) release of strong earnings for the first quarter of the year, analysts are turning more bullish on the stock.

    OCBC Investment Research is raising its fair value on the shipbuilder to S$1.45 from S$1.18, while DBS Group Research is currently reviewing its target price of S$1.50.

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