SINGAPORE (July 13): OCBC Investment Research is maintaining its “hold” rating on crane and heavy equipment supplier Tat Hong Holdings, but has raised the stock’s fair value from 50 cents to 55 cents on the belief the group should command “a certain premium to its peers”.
In a Wednesday note, analyst Jodie Foo says the group’s Australian subsidiary, Tutt Bryant Group, has not been spared from increased competition amid a weak construction sector environment in Australia.
Here are some stocks that could move in the SGX market :
- ST Engineering
Stocks are Good for Contra & Intra . . . . . . . So Earn more . .. .