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Sheng Siong Group Ltd. (SG:OV8)
SGX:OV8
OV8 Analyst Ratings
Strong Buy
3 Buy
0 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
OV8 Stock 12 Month Forecast
Average Price Target
S$2.03
▲(5.18%Upside)
| Highest Price TargetS$2.30 | Average Price TargetS$2.03 | Lowest Price TargetS$1.89 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Detailed List of Analyst Forecasts
DBS
S$2→S$2.3
Buy
19.17%
Upside
Reiterated
06/10/25
Phillip Securities
S$1.76→S$1.89
Buy
-2.07%
Downside
Reiterated
05/02/25
CGS-CIMB
S$1.9
Buy
-1.55%
Downside
Reiterated
05/01/25
UOB Kay Hian
S$1.92
Buy
-0.52%
Downside
Reiterated
03/18/25
We anticipate further store openings as competitors scale back. However, staff costs are expected to be elevated due to increased headcount from new stores and higher wages under the progressive wage model. Maintain BUY with a trimmed target price of S$1.92.
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
DBS
S$2→S$2.3
Buy
19.17%
Upside
Reiterated
06/10/25
Phillip Securities
S$1.76→S$1.89
Buy
-2.07%
Downside
Reiterated
05/02/25
CGS-CIMB
S$1.9
Buy
-1.55%
Downside
Reiterated
05/01/25
UOB Kay Hian
S$1.92
Buy
-0.52%
Downside
Reiterated
03/18/25
We anticipate further store openings as competitors scale back. However, staff costs are expected to be elevated due to increased headcount from new stores and higher wages under the progressive wage model. Maintain BUY with a trimmed target price of S$1.92.
Best Analysts Covering Sheng Siong Group Ltd.
1 Month
xxx
Success Rate
6/9 ratings generated profit
Average Return
+1.51%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 66.67% of your transactions generating a profit, with an average return of +1.51% per trade.
3 Months
xxx
Success Rate
6/9 ratings generated profit
Average Return
+3.79%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 66.67% of your transactions generating a profit, with an average return of +3.79% per trade.
1 Year
2 Years
xxx
Success Rate
9/9 ratings generated profit
Average Return
+21.64%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +21.64% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
OV8 Analyst Recommendation Trends
Rating
Oct 24
Nov 24
Mar 25
May 25
Jun 25
Strong Buy
0
0
0
0
0
Buy
5
6
7
8
7
Hold
1
0
0
0
0
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
6
6
7
8
7
Each month's total comprises the sum of three months' worth of ratings.
OV8 Financial Forecast
OV8 Stock Forecast FAQ
What is SG:OV8’s average 12-month price target, according to analysts?
Based on analyst ratings, Sheng Siong Group Ltd.’s 12-month average price target is 2.03.
What is SG:OV8’s upside potential, based on the analysts’ average price target?
Sheng Siong Group Ltd. has 5.18% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is Sheng Siong Group Ltd. a Buy, Sell or Hold?
Sheng Siong Group Ltd. has a consensus rating of Strong Buy, which is based on 3 buy ratings, 0 hold ratings and 0 sell ratings.
What is Sheng Siong Group Ltd.’s share price target?
The average share price target for Sheng Siong Group Ltd. is 2.03. This is based on 3 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is S$2.30 ,and the lowest forecast is S$1.89. The average share price target represents 5.18% Increase from the current price of S$1.93.
The highest analyst share price target is S$2.30 ,and the lowest forecast is S$1.89. The average share price target represents 5.18% Increase from the current price of S$1.93.
What do analysts say about Sheng Siong Group Ltd.?
Sheng Siong Group Ltd.’s analyst rating consensus is a Strong Buy. This is based on the ratings of 3 Wall Streets Analysts.
How can I buy shares of Sheng Siong Group Ltd.?
To buy shares of SG:OV8, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.