Separately, DBS Vickers upgraded shares of Singapore Airlines to a “hold” rating and set a $4.90 price objective for the company in a research report on Wednesday, July 28th.
Shares of Singapore Airlines stock opened at $8.13 on Thursday. The company has a 50 day moving average of $7.43 and a 200-day moving average of $7.51. Singapore Airlines has a 1-year low of $4.85 and a 1-year high of $8.71.
Singapore Airlines Ltd. engages in passenger and cargo air transportation. It operates through the following segments: Singapore Airlines, SilkAir, Budget Aviation and SIAEC. The Singapore Airlines segment provides passenger air transportation under the Singapore Airlines brand with a focus on full-service passenger serving short and long haul markets.
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