[New post] CIMB: Singapore Airlines – Upgrade to ADD TP 5.86 (Previous $5.81)

alanyeo posted: " Upgrade to Add after Omicron sell-off ■ Upgrade SIA from Hold to Add, as the stock has fallen 8% since last Friday when news of the Omicron variant broke (-13% from mid-Oct high of S$5.55).■ Our TP is tweaked higher to S$5.86 after raising FY23-24F EP" New post on Alpha Edge Investing CIMB: Singapore Airlines – Upgrade to ADD TP 5.86 (Previous $5.81) by alanyeo Upgrade to Add after Omicron sell-off ■ Upgrade SIA from Hold to Add, as the stock has fallen 8% since last Friday when news of the Omicron variant broke (-13% from mid-Oct high of S$5.55).■ Our TP is tweaked higher to S$5.86 after raising FY23-24F EPS forecasts, still based on P/BV of 1.06x (+1 s.d.), […] Read more of this post alanyeo | December 2, 2021 at 2:49 pm | Tags: SIA, Singapore Airlines | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-6Kv Comment    See all comments Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://alphaedgeinvesting.com/2021/12/02/cimb-singapore-airlines-upgrade-to-add-tp-5-86-previous-5-81/