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Grand Venture Technology Limited (SG:JLB)
SGX:JLB
Holding SG:JLB?
Track your performance easily
See the Price Targets and Ratings of:
JLB Analyst Ratings
Moderate Buy
1 Buy
0 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
JLB Stock 12 Month Forecast
Average Price Target
S$0.70
▲(26.13% Upside)
| Highest Price TargetS$0.70 | Average Price TargetS$0.70 | Lowest Price TargetS$0.70 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
CGS-CIMB
S$0.62
Buy
11.71%
Upside
Reiterated
01/04/24
We expect GVT to continue with its M&A strategy. In its presentation slides released on 30 Nov 2023 in conjunction with the proposed acquisition of ACP, GVT highlighted that the group remains interested in M&As to develop a business in advanced materials. FY23-24F EPS forecasts trimmed further We think the 6.7% depreciation of the US dollar versus the Singapore dollar in 4Q23F is likely to lead to a foreign exchange loss for 4Q23F. Hence, we reduce our FY23F EPS forecast by 5.0%. With incoming integration costs following the ACP acquisition, we also raise our operating expenses assumption by 6.9% which leads to a 15.5% reduction in our FY24F EPS forecast. Our FY25F forecasts are unchanged.
Best Analysts Covering Grand Venture Technology Limited
Which Analyst Should I Follow If I Want to Buy SG:JLB and Sell After:
1 Month
xxx
Success Rate
4/6 ratings generated profit
Average Return
+2.52%
reiterated a xxx
rating 12 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 66.67% of your transactions generating a profit, with an average return of +2.52% per trade.
3 Months
xxx
Success Rate
3/6 ratings generated profit
Average Return
+1.72%
reiterated a xxx
rating 12 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 50.00% of your transactions generating a profit, with an average return of +1.72% per trade.
1 Year
Success Rate
4/6 ratings generated profit
Average Return
+5.83%
reiterated a buy rating 12 days ago
Copying Amanda Tan's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +5.83% per trade.
2 Years
xxx
Success Rate
4/6 ratings generated profit
Average Return
+6.00%
reiterated a xxx
rating 12 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 66.67% of your transactions generating a profit, with an average return of +6.00% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
JLB Analyst Recommendation Trends
Rating
Feb 24
May 24
Aug 24
Sep 24
Nov 24
Strong Buy
0
0
0
0
0
Buy
3
3
3
3
3
Hold
0
0
0
0
0
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
3
3
3
3
3
Each month's total comprises the sum of three months' worth of ratings.
JLB Financial Forecast
JLB Stock Forecast FAQ
What is SG:JLB’s average 12-month price target, according to analysts?
Based on analyst ratings, Grand Venture Technology Limited’s 12-month average price target is S$0.70.
What is SG:JLB’s upside potential, based on the analysts’ average price target?
Grand Venture Technology Limited has 26.13% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is Grand Venture Technology Limited a Buy, Sell or Hold?
Grand Venture Technology Limited has a consensus rating of Moderate Buy, which is based on 1 buy ratings, 0 hold ratings and 0 sell ratings.
What is Grand Venture Technology Limited’s share price target?
The average share price target for Grand Venture Technology Limited is S$0.70. This is based on 1 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is S$0.70 ,and the lowest forecast is S$0.70. The average share price target represents 26.13% Increase from the current price of S$0.555.
The highest analyst share price target is S$0.70 ,and the lowest forecast is S$0.70. The average share price target represents 26.13% Increase from the current price of S$0.555.
What do analysts say about Grand Venture Technology Limited?
Grand Venture Technology Limited’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 1 Wall Streets Analysts.
How can I buy shares of Grand Venture Technology Limited?
To buy shares of SG:JLB, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.