You are here

Broker's take: DBS downgrades SATS to 'fully valued' with lower target price of S$2.66

DBS Group Research has downgraded SATS to "fully valued" from "hold", a call that implies a negative total return of more than 10 per cent over the next 12 months, until the outlook for the Covid-19 pandemic and regional travel numbers improves.

At the midday break on Thursday, shares in...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes