Highlights

Venture Corporation - Multiple cyclical headwinds

Date: 20/07/2018

Source  :  Credit Suisse
Stock  :  Venture       Price Target  :  14.50      |      Price Call  :  SELL
        Last Price  :  16.49      |      Upside/Downside  :  -1.99 (12.07%)
 



Assuming coverage with UNDERPERFORM (from Neutral) and target price of S$14.50 (from S$24). While Venture has made credible efforts to develop next-gen products and drive margin improvement, we believe iQOSled revenue growth has peaked, and escalating trade tensions present downside risks to earnings outlook. Read More
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Labels: Venture

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Venture 16.49 0.00 (0.00%)

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