CSE Global - RHB Invest 2024-11-28: Electrification & Acquisitions Driving Growth; Initiate BUY

• Initiating coverage on CSE Global (SGX:544) with a BUY and S$0.58 target price, 27% upside with ~6% yield.
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Exposure to green energy and global growth across diversified segments.

• CSE Global is a systems integrator providing electrification, communications, and automation solutions, offering exposure on green energy such as renewable energy (RE) and EV infrastructure, critical communications and infrastructure development across the US, UK, Singapore, Australia, and New Zealand.

US electrification market forecasted at 9.2% CAGR.

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• Drivers include green energy adoption leading to electrical infrastructure development for electrification systems and infrastructure where CSE Global is a beneficiary.

Driven by infrastructure development...

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Above is an excerpt from a report by RHB Securities Research.
Clients of RHB may be the first to access the full PDF report @ https://www.rhbtradesmart.com/.

Read also RHB's most recent report:
2026-03-02 CSE Global - Amazon Orders On The Way; Maintain BUY.

Previous report by RHB:
2026-01-13 CSE Global - Contract Wins On Track; Reiterate BUY.

Price targets by 3 other brokers at CSE Global Target Prices.

Listing of research reports at CSE Global Analyst Reports.

Relevant links:
CSE Global Share Price History,
CSE Global Announcements,
CSE Global Dividend Payout Dates & Corporate Actions,
CSE Global News