Sheng Siong Group Ltd (SGX:OV8)
3.210
+0.030 (0.94%)
Aug 14, 2026, 5:06 PM SGT
Sheng Siong Group Stock Forecast
Stock Price Forecast
According to 9 analysts polled by S&P Global, Sheng Siong Group stock has a consensus rating of "Buy" and an average price target of $3.20. The average 1-year stock price forecast is 0.31% lower than the current stock price, while the lowest is $2.27 (-29.28%) and the highest is $3.71 (+15.58%).
Price Target: $3.20 (-0.31%)
Analyst Consensus: Buy
Price Target
ChartAnalyst 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 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 2 | 2 | 2 | 2 | 3 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 8 | 8 | 8 | 8 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Phillip Securities | Phillip Securities | Hold Downgrades $3.16 → $3.31 | Hold | Downgrades | $3.16 → $3.31 | +3.12% | Jul 31, 2026 |
| UOB Kay Hian | UOB Kay Hian | Buy Maintains $3.40 → $3.71 | Buy | Maintains | $3.40 → $3.71 | +15.58% | Jul 31, 2026 |
| CGS International | CGS International | Buy Reiterates $3.60 | Buy | Reiterates | $3.60 | +12.15% | Jul 30, 2026 |
| DBS | DBS | Hold Maintains $2.80 → $3.00 | Hold | Maintains | $2.80 → $3.00 | -6.54% | Jul 30, 2026 |
Financial Forecast
Revenue This Year
1.71B
from 1.57B
Increased by 9.21%
Revenue Next Year
1.81B
from 1.71B
Increased by 5.36%
EPS This Year
0.11
from 0.10
Increased by 11.71%
EPS Next Year
0.12
from 0.11
Increased by 5.68%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is SGD.