CGS-CIMB has cut its target price on Singapore Airlines (SIA) by 16.5 per cent to S$5.66 from S$6.78, as it expects the recent rally in oil prices to weigh on the national carrier’s earnings.
CGS-CIMB has cut its target price on Singapore Airlines (SIA) by 16.5 per cent to S$5.66 from S$6.78, as it expects the recent rally in oil prices to weigh on the national carrier’s earnings.
