SIA Engineering Company Limited

SGX: S59

2.350

0.00%

Share Price in SGD. As of 14 Feb 17:06:20 SGT

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Beansprout Analysis
Market Analysis

Consensus Share Price Target

SIA Engineering Company Limited share price target is $2.75, according to consensus estimates as of 16 Feb 2025. Based on SIA Engineering Company Limited’s current share price of $2.35, this represents an upside potential of 17%.

Price Target: $2.750

Sell
Underperform
Neutral
Outperform
Buy

Source: SGX as of 16 Feb 2025

Analyst Ratings

  • CGS-CIMB

    15 Feb 2024

    Add

    2.700

  • DBS Research

    11 Nov 2024

    Hold

    (prev Buy)

    2.500

    (prev 2.800)

  • KGI Securities

    21 May 2024

    Buy

    2.590

  • OCBC Investment

    06 Nov 2024

    Buy

    2.760

    (prev 2.690)

  • UOB Kay Hian

    07 Nov 2024

    Buy

    2.700

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Company Description

The company began its business as the engineering division of Singapore Airlines. In 1992, Singapore Airlines transferred its aircraft maintenance, repair and overhaul (MRO) activities into an existing subsidiary to form SIA Engineering Company (SIAEC). SIAEC is a major provider of MRO services in Asia-Pacific, with a client base of more than 80 international carriers and aerospace equipment manufacturers. It provides line maintenance services at more than 25 airports in 7 countries, as well as airframe, engine and component services on some of the most advanced and widely used commercial aircraft in the world. Over 20 subsidiaries and joint ventures with original equipment manufacturers and strategic partners in Singapore, Hong Kong, Indonesia, Japan, Malaysia, Philippines, United States and Vietnam increase the depth and breadth of the Company’s service offerings. SIAEC has approvals from more than 25 national aviation regulatory authorities to provide MRO services for aircraft registered in the United States, Europe, China and other countries.