Maybank Kim Eng lowered its target price on shares of Keppel Land Ltd to S$ 3.65 from S$ 4.04 as it pegs the property developer’s valuations at a higher discount to its restated net asset value.
Singapore shares were little changed by midday, in line with rangebound regional markets and ahead of a Spanish bond sale seen as a key test of investors’ risk appetite.
DNB Nor Markets increased its 2012 earnings per share estimates for Keppel Corp Ltd by 31 percent and raised its target price to S$ 12.80 from S$ 12 after the rig builder reported record first-quarter…
Singapore shares rose for the second straight day, with the world’s largest rig builder Keppel Corp Ltd a stand out gainer after winning a $ 4.1 billion deal, while Australian construction and…
SINGAPORE, Jan 20 (Reuters) – Shares of Singapore’s third-largest property developer Keppel Land Ltd jumped 4.3 percent on Friday after it reported a record 2011 net profit.