SMRT Shares Shortlisted

I have shortlisted and picked SMRT shares as a possible buy for its resilence and share price within my tight budget. Hopefully I can buy it at a low price after Singapore MTI announcement on Singapore's Q1 2009 GDP on 14 April 2009.

SMRT shares closed at S$1.51 on 9 April 2009.

2009-04-06: CLSA
Notes shares trade at 12.9X FY10 earnings vs 10X average of the Singapore universe of stocks that yield over 5%.
Reiterates Outperform call with S$1.98 target price.

2009-03-18: Credit Suisse
Based on discounted cash-flow valuation, to assume lower bus ridership for FY10.
Keeps Neutral call, target price to S$1.70 from S$1.90.

2009-03-09: Phillip
Steady Does It More
Upgrade to BUY, raise fair value estimate to S$1.97.

2009-01-28: CIMB
Riding out the recession More
Maintain DCF-derived target price of S$2.08. Maintain Outperform.

2009-01-28: DBS
3Q09 results in line More
Maintain Buy, TP: S$1.82.

NOTE: I shall not be responsible for the above target price from the various brokerage houses. They are just for your information. It is recommended to download and study the respective research reports before making your own stock pick.