brokers' calls

Broker's Calls

CGS-CIMB keeps ‘add’ on Jumbo Group with lower TP of 36 cents

Despite anticipated growth in Jumbo Group's Singapore businesses, its Chinese operations will see a slower ramp up in footfall.

Broker's Calls

RHB lifts ComfortDelGro’s target price to $1.60 after recent developments

RHB's raising of its target price on ComfortDelGro follows the latter's recent announcements.
REIT and semiconductor sectors among the favourites - THE EDGE SINGAPORE

Singapore economy

REIT and semiconductor sectors among the favourites

With interest rate cuts set to happen this year, most analysts have turned positive on S-REITs.

Broker's Calls

UOB Kay Hian keeps ‘buy’ on CDG at lowered target price of $1.66

UOB Kay Hian has lowered its target price on ComfortDelgGro following changes made in the new year.

Broker's Calls

UOB Kay Hian keeps ‘buy’ call on SATS, expects recovery via increased travel and cargo

SATS's 3QFY2024 earnings look poised to grow thanks to the continued recovery in air travel and cargo activities.

Broker's Calls

Maybank lifts Genting Singapore’s TP to $1.21 following en masse return of Chinese tourists

Maybank expects most of the growth in Genting Singapore's gaming revenue this year to come from Chinese tourists.

Broker's Calls

RHB ups AA REIT’s TP to $1.48 after master leases renewed

RHB Bank Singapore raises target price on AIMS APAC REIT to $1.48 from $1.47.
First Resources’ bidding price for assets in Riau reasonable: RHB - THE EDGE SINGAPORE

Broker's Calls

First Resources’ bidding price for assets in Riau reasonable: analysts

The analysts do not expect to see any earnings contribution from the acquired assets in the next three years.

Broker's Calls

PhilipCapital initiates ‘buy’ on Far East Hospitality Trust as pre-Covid numbers loom on the horizon

PhilipCapital likes FEHT for its riding of the recovery of tourism, protection from master leases and potential expansion.

Broker's Calls

Maybank keeps ‘neutral’ on S-REITs, ‘agnostic’ on the sector

CICT, CLAR and LREIT were named as analyst Krishna Guha’s picks.
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