Goldman Sachs has cut Singapore Exchange (S68.SG) target price to $8.22 from $8.60, based on 22x FY11 P/E, after reducing FY10-12 EPS estimates to $0.31, $0.36, $0.40 from $0.38, $0.50, $0.59 respectively, according to Dow Jones.
SGX target cut to $8.22 by Goldman Sachs, with Neutral call
written by Editor on May 24th, 2010 |
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