Asia · Markets & Finance · The Edge Singapore

Citi lowers SGX’s target price; opens 90-day negative catalyst watch on P/E de-rating risks

Published by The Edge Singapore · Singapore 15 h ago

In addition to his lowered target price, Citi analyst Tan Yong Hong has lowered his earnings per share estimates by 4% to 5% driven by reductions to his SDAV and DDAV assumptions.

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Citi lowers SGX’s target price; opens 90-day negative catalyst watch on P/E de-rating risks

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