B58.SI rises 4.00% to S$0.65 at close 23 Jan 2026: watch volume and forecasts
B58.SI stock jumped 4.00% to S$0.65 at market close on 23 Jan 2026, led by a daily volume of 1,093,500 shares. The move outpaced the Consumer Cyclical peers on the Singapore Exchange (SES) and followed higher-than-average trading activity. Investors cited improved occupancy trends at Banyan Tree Holdings Limited and a supportive analyst rating. We summarise why price, volume, valuation, and our model forecasts point to a clear short-term setup for Banyan Tree on the SES in SGD.
Price action and volume: B58.SI stock
Today Banyan Tree Holdings Limited (B58.SI) closed at S$0.65, up S$0.025 or 4.00% from the prior close of S$0.625. Intraday range was S$0.64–S$0.655, and volume hit 1,093,500 versus an average of 702,947, signalling stronger conviction. The price sits above the 50-day average of S$0.62 and above the 200-day average of S$0.55, indicating improving medium-term trend strength.
Valuation snapshot and sector context
Banyan Tree trades at a PE of 13.20 and a PB of 0.79, cheaper than the Consumer Cyclical sector PE of 14.01 on SES. Market cap is S$572.16m and EPS is S$0.05. Dividend yield is about 1.97%. These metrics suggest the company is valued modestly against peers, while sector momentum is positive year-to-date.
Financials and operating signals
Recent FY growth shows revenue up 16.08% and net income up 32.79% year-over-year to 2024. Operating cash flow per share is S$0.09 and free cash flow per share is S$0.04. Debt-to-equity stands at 0.58 with interest coverage at 4.75x, signalling manageable leverage for a hotel and resorts operator.
Technicals, risk metrics and analyst view
Technical indicators show RSI 43.72 and ADX 17.68, pointing to low trend strength but room for upside. On the ratings front, a research update dated 22 Jan 2026 shows a company rating of A- (Buy). Short-term resistance sits near the year high of S$0.72, and support is near S$0.305. Risks include concentrated inventory cycles and regional travel demand shifts.
Meyka AI grade and B58.SI stock analysis
Meyka AI rates B58.SI with a score of 64.08/100 (Grade B, Suggestion: HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Our view balances improving revenue and cash flow with medium leverage and seasonal demand risks. See peer comparison source and corporate profile source.
Price targets and B58.SI stock forecast
Meyka AI’s forecast model projects a quarterly target of S$0.76, a 12-month target of S$0.87, and a three-year median of S$1.38. The 12-month target implies an upside of 33.92% from today’s S$0.65. Short-term monthly projection is S$0.62, which implies limited downside. Forecasts are model-based projections and not guarantees.
Final Thoughts
Banyan Tree Holdings (B58.SI) registered a clear top-gainer session on 23 Jan 2026, with a 4.00% gain to S$0.65 on elevated volume. Valuation metrics such as PE 13.20 and PB 0.79 look reasonable versus the Consumer Cyclical peer set on the SES. Operational improvements drove FY 2024 revenue growth of 16.08% and net income growth of 32.79%, which supports the recent price strength. Meyka AI’s forecast model projects a 12-month price of S$0.87, an implied upside of 33.92%, while a near-term quarterly target sits at S$0.76. The proprietary Meyka grade is B (64.08/100), reflecting balanced growth and risk. Investors should weigh tourism demand swings and Banyan Tree’s inventory cycles against the upside. Forecasts are model-based projections and not guarantees, so monitor upcoming earnings and regional travel indicators ahead of the company’s earnings announcement on 20 Feb 2026.
FAQs
What drove B58.SI stock higher today?
B58.SI stock rose on 23 Jan 2026 due to heavy volume of 1,093,500 shares and stronger occupancy signals. Valuation and a positive analyst rating also supported buying interest on the Singapore Exchange in SGD.
What are Meyka AI’s price targets for B58.SI stock?
Meyka AI’s model sets a quarterly target of S$0.76 and a 12-month target of S$0.87, implying a 33.92% upside from S$0.65. These are model projections and not guarantees.
How does B58.SI stock compare on valuation?
B58.SI stock trades at PE 13.20 and PB 0.79, below the Consumer Cyclical PE of 14.01 on SES, indicating relative valuation support versus peers in Singapore.
What are key risks for B58.SI stock?
Key risks include regional tourism slowdowns, long inventory cycles, and near-term cash conversion variability. Leverage is moderate with debt-to-equity 0.58, and interest coverage of 4.75x, which mitigates but does not eliminate risk.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
