Stock Buy Call: Ezra by Kim Eng

Ezra Holdings Ltd may advance after Kim Eng Securities started covering the stock with a "buy" call and a target price of 4.05 sgd because it expects the company to benefit from rising charter rates for anchor handling, tug and supply vessels. "We expect the stock to outperform over the next 12 months, driven by positive earnings and news flow," Kim Eng said in a note. Ezra closed up 0.11 sgd at 3.06 yesterday.