Broker Name: DBS
Date of Report: 05 March 2026
Excerpt from DBS report.
- Report Summary:
- Sembcorp is positioned to benefit from higher gas prices and volatility, as its operations in Singapore are largely protected by long-term contracts with cost pass-throughs and active hedging, while its overseas operations remain unaffected.
- The company’s earnings outlook is stable for FY26, with growth expected to resume from 2027 due to new capacity additions and the Alinta acquisition, and the target price is set at SGD7.30 with a reiterated BUY recommendation.
Above is an excerpt from a report by DBS. Clients of DBS can be the first to access the full report from the DBS website: https://www.dbs.com
