SATS Ltd. Seems Relatively Resilient to Middle East Conflict -- Market Talk

Dow Jones03-25 16:23

0822 GMT - SATS Ltd. appears relatively resilient to the oil-price surge from the Middle East conflict, say Maybank Securities' Liu Miaomiao and Eric Ong in a note. The air-cargo handler's diversified global network and limited exposure to the Middle East is likely to support its near-term earnings, they say. Oil prices above $100 a barrel are more of a demand headwind than cost driver for SATS, as it has no direct fuel exposure, they note. Still, the company faces key risks from second-order effects, such as reduced airline capacity, flight rerouting and uncertainty around jet-fuel availability, the analysts add. Maybank Securities retains its buy rating and S$4.52 target price. Shares rise 0.55% to S$3.63. (megan.cheah@wsj.com)

 

(END) Dow Jones Newswires

March 25, 2026 04:23 ET (08:23 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment