Adrian Loh, an analyst from UOB Kay Hian, maintained the Buy rating on Sembcorp Industries. The associated price target was lowered to S$7.90.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Adrian Loh has given his Buy rating due to a combination of factors that highlight Sembcorp Industries’ strong financial position and growth potential. The company’s first half of 2025 results showed resilience, with a net profit of S$536 million, aligning with expectations. This performance was bolstered by increased dividends, growth in the renewables sector, and anticipated earnings contributions from Senoko in the second half of the year.
Moreover, the recent decline in share price is seen as an overreaction, providing an attractive entry point for investors focused on yield. Sembcorp’s robust balance sheet, characterized by a significant portion of fixed-rate, long-term debt, and strong free cash flow, further supports the Buy recommendation. The combination of these factors suggests a promising outlook for the company, making it an appealing option for patient investors.
In another report released yesterday, J.P. Morgan also maintained a Buy rating on the stock with a S$7.50 price target.
SCRPF’s price has also changed dramatically for the past six months – from $3.850 to $6.100, which is a 58.44% increase.