Centurion Corp.'s Australian Acquisition Expected to Buoy Earnings -- Market Talk
Dow Jones
May 26
0308 GMT - Centurion Corp.'s earnings are likely to gain from its recent acquisition of two worker accommodation assets in Australia, RHB Research analyst Alfie Yeo says in a note. The accommodation provider's bed count is expected to rise from 2H, thanks to the Australian assets. RHB raises its revenue forecast for the company by 15% each for the years 2026 to 2028. It also raises the stock's target price to 1.91 Singapore dollars from S$1.87 and maintains a buy rating. Shares are last 0.7% lower at S$1.51.(amanda.lee@wsj.com)
(END) Dow Jones Newswires
May 25, 2026 23:08 ET (03:08 GMT)
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