SIA - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/19/25	Phillip	SIA	6.74	5.74	Neutral	PB1.1x FY25
04/16/25	Phillip	SIA	6.3	5.74	Neutral	PB1.1x FY25
04/17/25	UOB Kay Hian	SIA	6.35	6.22	Hold	PB1.16x FY26
04/24/25	CIMB	SIA	6.59	6	Hold
05/16/25	DBS Vickers	SIA	6.88	6.3	Hold	EV/Ebitda5x FY25/26
05/16/25	CIMB	SIA	6.88	6.88	Hold	PB
05/16/25	Kim Eng	SIA	6.88	6.85	Hold
05/19/25	UOB Kay Hian	SIA	6.9	6.63	Hold	PB1.25x FY26
05/19/25	Phillip	SIA	6.9	6.08	Reduce	PB1.1x FY25
06/12/25	DBS Vickers	SIA	7.06	6.4	Hold	EV/Ebitda5x FY26
06/12/25	Citi Research	SIA	7.06	6.15	Sell
06/16/25	Kim Eng	SIA	6.94	6.85	Hold
06/17/25	UOB Kay Hian	SIA	6.87	6.63	Hold	PB1.25x FY26
06/17/25	Lim & Tan	SIA	6.87	6.73	Hold
07/16/25	Phillip	SIA	7.36	6.08	Reduce	PB1.1x FY25
07/29/25	Kim Eng	SIA	7.6	6.75	Sell
07/29/25	CIMB	SIA	7.6	6.8	Reduce
07/29/25	DBS Vickers	SIA	7.6	6.4	Hold	EV/Ebitda5x FY26
07/29/25	Lim & Tan	SIA	7.6	6.85	Hold
07/29/25	Citi Research	SIA	7.6	6.15	Sell	PB1.15x FY26
07/30/25	UOB Kay Hian	SIA	7.04	6.03	Sell	PB1.17x FY26
07/30/25	Phillip	SIA	7.04	5.94	Reduce	PB1.1x FY25
07/31/25	DBS Vickers	SIA	6.9	6.5	Hold
08/01/25	Phillip	SIA	6.59	5.94	Reduce	PB1.1x FY25
09/15/25	Phillip	SIA	6.54	5.94	Reduce	PB1.1x FY25
09/16/25	UOB Kay Hian	SIA	6.51	6.05	Sell	PB1.17x FY26
10/17/25	UOB Kay Hian	SIA	6.53	6.03	Sell	PB1.17x FY26
10/17/25	Phillip	SIA	6.53	5.94	Reduce	PB1.1x FY25
11/03/25	DBS Vickers	SIA	6.63	6.5	Hold	EV/Ebitda5x FY26
11/14/25	CIMB	SIA	6.65	5.6	Reduce	PB
11/17/25	UOB Kay Hian	SIA	6.52	6.1	Sell	PB1.17x FY27
11/17/25	Kim Eng	SIA	6.52	6.35	Sell
11/19/25	Lim & Tan	SIA	6.48	6.22	Hold
11/24/25	Phillip	SIA	6.48	6.04	Neutral	PB1.2x FY26
11/24/25	OCBC	SIA	6.48	6.4	Hold
01/13/26	DBS Vickers	SIA	6.43	6.5	Hold	EV/Ebitda5x FY26
01/13/26	Citi Research	SIA	6.43	5.98	Sell
02/03/26	UOB Kay Hian	SIA	6.36	6.16	Hold	PB1.18x FY27
02/11/26	Citi Research	SIA	6.8	6.28	Sell	PB1.15x FY26/27
02/13/26	CIMB	SIA	6.9	7.23	Hold	PB
02/25/26	DBS Vickers	SIA	7.03	6.5	Hold	EV/Ebitda5x FY26
02/26/26	UOB Kay Hian	SIA	7.17	7.18	Hold	PB1.36x FY27
02/26/26	DBS Vickers	SIA	7.17	7.5	Hold	EV/Ebitda4.7x FY26
02/26/26	CIMB	SIA	7.17	7.44	Add	PB
02/26/26	OCBC	SIA	7.17	6.88	Hold
02/26/26	Kim Eng	SIA	7.17	7.03	Hold
03/02/26	Phillip	SIA	7.18	7	Neutral	PB1.3x
03/09/26	DBS Vickers	SIA	6.65	7.5	Hold	EV/Ebitda4.7x FY26