Maybank Sticks to Its Buy Rating for Singtel (SNGNF)
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Maybank has reaffirmed its Buy rating for Singtel (SNGNF), setting a price target of S$5.08, while the stock closed at S$4.46. Analyst Thilan Wickramasinghe, with a 10.2% average return and 77.78% success rate, supports this view. The overall analyst consensus for Singtel is a Strong Buy, with an average price target of S$5.24, indicating a 17.50% upside. Phillip Securities also maintains a Buy rating with a S$5.35 target.
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