Broker: JPMorgan
Date of Report: 28 July 2026
Excerpt from JPMorgan report:
Report Summary
- Stock: Seatrium
- Action: Downgraded to Underweight
- Target Price: S\$1.60
- Key Points:
- Seatrium shares plunged as much as 11%, reaching the lowest level in a week after JPMorgan’s downgrade.
- JPMorgan’s new stance reflects increased caution towards the shipbuilding firm.
- Analyst consensus prior to this downgrade: 8 buys, 0 holds, 2 sells.
Above is an excerpt from a report by JPMorgan. Clients of JPMorgan can access the full research report from the broker’s website: JPMorgan research website.
