Sheng Siong Group Ltd (SGX:OV8)
Singapore · Delayed Price · Currency is SGD 3.030
-0.040 (-1.30%)
May 28, 2026, 5:14 PM SGT
Sheng Siong Group Stock Forecast
Stock Price Forecast
According to 8 analysts polled by S&P Global, Sheng Siong Group stock has a consensus rating of "Buy" and an average price target of $3.06. The average 1-year stock price forecast is 0.99% higher than the current stock price, while the lowest is $2.25 (-25.74%) and the highest is $3.45 (+13.86%).
Price Target: $3.06 (+0.99%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Sheng Siong Group stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '25 | Dec '25 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 2 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 3 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Total | 8 | 8 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Phillip Securities | Phillip Securities | Buy Maintains $2.82 → $3.16 | Buy | Maintains | $2.82 → $3.16 | +4.29% | May 4, 2026 |
| DBS | DBS | Hold Maintains $2.60 → $2.80 | Hold | Maintains | $2.60 → $2.80 | -7.59% | May 4, 2026 |
| CGS International | CGS International | Buy Reiterates $2.97 → $3.40 | Buy | Reiterates | $2.97 → $3.40 | +12.21% | Apr 8, 2026 |
Unknown Analyst OCBC Investment No rating | OCBC Investment | Hold Maintains $2.89 | Hold | Maintains | $2.89 | -4.62% | Feb 10, 2026 |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. The data is sourced from Wall Street analysts. Data sources.