Share Investment Singapore : Consumer sector outlook kept at 'neutral' by OCBC .
SINGAPORE (June 24): OCBC has maintained its "neutral" outlook for the consumer sector, with "buy" calls for Sheng Siong Group at a target price of 95 cents and QAF at a target price of $1.27, says OCBC in a Friday report.
Slowing sales and high operating costs continue to be a concern for retailers here while malls in certain regions face gradually higher vacancy rates, says Jodie Foo, lead analyst for the report.
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- Midas
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