STARHUB's ENSIGN INFO SECURITY IPO !!! TARGET PRICE $ 1.54 !!-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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STARHUB's ENSIGN INFO SECURITY IPO !!! TARGET PRICE $ 1.54 !!

DBS Group Research has raised its price target for StarHub to S$1.54 from S$1.25 with expectations for the company’s cybersecurity business, Ensign InfoSecurity, to go public before October 2025.

The analyst has assumed Ensign’s enterprise value at S$730 million to S$1.1 billion, with StarHub’s 55.73 per cent stake in the company entitling the group to some S$406 million to S$610 million – or some 20 to 30 per cent of the group’s S$2.1 billion market capitalisation

$StarHub(CC3.SI)$

$Meta Platforms, Inc.(META)$

# 💰 Stocks to watch today?(23 May)

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SPOT_ON
·05-14
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SPOT_ON
·05-15
Great article, would you like to share it?
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SPOT_ON
·05-14
Great article, would you like to share it?
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