Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
The latest announcement is out from Singapore Post ( (SG:S08) ).
Singapore Post Ltd. has announced a special dividend following the sale of its Australian business, but has not provided details on its future strategy or leverage policy, leading to continued uncertainty. The company’s remaining logistics operations face challenges, and the management is expected to reveal a strategic plan by the first half of fiscal 2026. The company’s credit ratings remain on CreditWatch Negative, reflecting the need for clarity on its strategic direction and management structure.
The most recent analyst rating on (SG:S08) stock is a Buy with a S$0.77 price target. To see the full list of analyst forecasts on Singapore Post stock, see the SG:S08 Stock Forecast page.
More about Singapore Post
Singapore Post Ltd. (SingPost) operates in the logistics industry, providing postal and logistics services. The company has been facing challenges due to a structural decline in mail services and high operational costs, particularly after selling its Australian business, which previously contributed significantly to its operating profit.
YTD Price Performance: 8.49%
Average Trading Volume: 9,672,914
Technical Sentiment Signal: Buy
Current Market Cap: S$1.29B
For a thorough assessment of S08 stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue