BUY with target price 1.85
$Aztech Gbl(8AZ.SG$
DBS initiate coverage
Aztech Global: BUY, initiating coverage
Last Traded Price: S$1.38 Price Target: S$1.85
(Upside 34.4%)
Primed for a digital future
&bull Initiate with BUY, TP: S$1.85 for 34% upside
&bull Riding on the fast expanding IoT market with c.90% revenue exposure
&bull Above industry net margins of > 10%, with reputable global customer base
&bull R& D capabilities, a key differentiator, enables Aztech to be a one-stop service provider
DBS initiate coverage
Aztech Global: BUY, initiating coverage
Last Traded Price: S$1.38 Price Target: S$1.85
(Upside 34.4%)
Primed for a digital future
&bull Initiate with BUY, TP: S$1.85 for 34% upside
&bull Riding on the fast expanding IoT market with c.90% revenue exposure
&bull Above industry net margins of > 10%, with reputable global customer base
&bull R& D capabilities, a key differentiator, enables Aztech to be a one-stop service provider
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