Sheng Siong Group Ltd

SGX: OV8

1.890

+0.53%

Share Price in SGD. As of 02 Jul 11:33:49 SGT

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Beansprout Analysis
Market Analysis

Consensus Share Price Target

Sheng Siong Group Ltd share price target is $1.738, according to consensus estimates as of 02 Jul 2025. Based on Sheng Siong Group Ltd’s current share price of $1.89, this represents an downside potential of -8%.

Price Target: $1.738

Sell
Underperform
Neutral
Outperform
Buy

Source: SGX as of 02 Jul 2025

Analyst Ratings

  • DBS Research

    02 May 2025

    BUY

    2.000

    (prev 1.900)

  • OCBC Investment

    05 Mar 2025

    BUY

    1.880

  • Phillip Securities

    03 Mar 2025

    ACCUMULATE

    1.760

    (prev 1.740)

  • RHB Research

    21 Jan 2025

    BUY

    2.000

  • UOB Kay Hian

    05 May 2025

    BUY

    1.970

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Company Description

The Company was incorporated in Singapore on 10 November 2010 under the name of Sheng Siong Group Pte Ltd. The Company changed its name to Sheng Siong Group Ltd on 4 July 2011 in connection with its conversion to a public company limited. The Group comprises the Company and its subsidiaries, SS Supermarket, CMM Marketing and SS Malaysia. The Group is principally engaged in operating the Sheng Siong groceries chain. Its stores are primarily located in retail locations in the heartlands of Singapore, and designed to provide customers with both “wet and dry” shopping options, including a wide assortment of live, fresh and chilled produce, such as seafood, meat and vegetables, in addition to processed, packaged and/or preserved food products as well as general merchandise such as toiletries and essential household products. The Group has also developed a selection of housebrands to offer customers quality alternatives to national brands at substantial savings. To support its retail operations, the Group also has an extensive distribution network, food-processing facilities, and warehousing facilities. In May 2011, the Group completed construction of its new corporate headquarters and warehousing and distribution centre at Mandai Link.
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