iFAST Corporation Ltd
AIY.SI : Singapore Exchange
7.820
-0.76%
Share Price in SGD. As of 06 Dec 13:22:02 SGT
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Beansprout Analysis
Market Analysis
Consensus Share Price Target
iFAST Corporation Ltd’s price target is $9.203, according to consensus estimates as of 06 Dec 2024. iFAST Corporation Ltd’s with a price target of $9.203 and current price of $7.82, has an upside potential of 17.7%.
Price Target: $9.203
Sell
Underperform
Neutral
Outperform
Buy
Source: SGX as of 06 Dec 2024
Analyst Ratings
CGSI Research
23 Feb 2024
Hold
9.100
(prev 5.900)
DBS Research
26 Apr 2024
Buy
(prev Hold)
9.570
(prev 8.330)
UOB Kay Hian
29 Oct 2024
Hold
8.170
(prev 8.030)
Valuation
Earnings
Financials
News
Profile
Company Description
iFAST is an Internet-based investment products distribution platform, with assets under administration of S$5.13 billion as at end-September 2014. Incorporated in year 2000 in Singapore, iFAST provides a comprehensive range of services, including investment administration and transactions services, research and trainings, IT services and backroom functions to banks, financial advisory firms, financial institutions, multinational companies, as well as investors in Asia. The Group is also present in Hong Kong, Malaysia and China.
iFAST has two main business divisions, namely its Business-to-Consumer (B2C) website, Fundsupermart.com, targeted at DIY investors; and its Business-to-Business (B2B) platform that caters to the specialised needs of financial advisory (FA) companies, financial institutions and banks.
As at end September 2014 and across the jurisdictions the Group operates, iFAST has over 115 distribution agreements with global fund houses offering over 1,800 investment products (including over 1,600 funds) on the platform across the different regions it operates in. Over 5,000 FA representatives and over 150 FA companies and financial institutions use the iFAST B2B platform.