ST Engineering's Commercial Aerospace Segment Likely a Bright Spot -- Market Talk
Dow Jones
May 18
0209 GMT - Singapore Technologies Engineering's outlook appears positive to DBS Group Research, given that the impact of the Middle East conflict on its commercial aerospace segment remains limited. The defense-engineering company's commercial aerospace revenue rose 15% on year in 1Q. The segment will continue to benefit from scarce hangar and engine slots as new-generation engine maintenance, repair and overhaul demand increases, says analyst Jason Sum in a note. DBS Group Research has a buy rating on the stock with a target price of S$12.40. Shares are 1.1% higher at S$10.48. (amanda.lee@wsj.com)
(END) Dow Jones Newswires
May 17, 2026 22:09 ET (02:09 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.