Broker's calls

Broker's Calls

CGS-CIMB downgrades Nanofilm to 'reduce' with lower TP of $1.13

The company may report a loss for its 1HFY2023 results, notes analyst William Tng.

Broker's Calls

OCBC Investment Research ups Dyna-Mac’s target price to 41.5 cents

OCBC analyst Ada Lim notes that the recent upcycle in the offshore and marine (O&M) sector might be stronger than expected.

Broker's Calls

DBS upgrades Sheng Siong to 'buy' on 'attractive industry dynamics and reasonable valuation'

The group is also deemed as a defensive hedge against a potential recession.
OCBC Investment Research initiates 'buy' on Keppel Infrastructure Trust with target price of 60.5 cents - THE EDGE SINGAPORE

Broker's Calls

OCBC Investment Research initiates 'buy' on Keppel Infrastructure Trust with target price of 60.5 cents

In analyst Ada Lim's view, acquisitions remain a key growth driver for the trust, which it is well supported to do so.
Maybank initiates 'buy' on GoTo Gojek Tokopedia with TP of IDR153 - THE EDGE SINGAPORE

Broker's Calls

Maybank initiates 'buy' on GoTo Gojek Tokopedia with TP of IDR153

Analyst Etta Putra think GoTo warrants re-rating for its focus on Indonesia, the largest Asean market, among other factors.

Broker's Calls

UOB Kay Hian downgrades SIA to 'sell' on its stretched valuation

UOB Kay Hian analyst Roy Chen has, however, upped his target price on the airline to $7.07.
CGS-CIMB lowers GKE Corp’s TP to 7 cents on weak outlook - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB lowers GKE Corp’s TP to 7 cents on weak outlook

GKE Corp will be releasing its results for the 2HFY2023 and FY2023 ended May 31 in the last week of July.

Broker's Calls

Positive development on HPL's development proposal for its Orchard assets could yield 'significant upside' to RNAV: DBS

If approved, the project is likely to require “significant capital expenditure”, says the DBS team.
Stocks like Delfi, Marco Polo Marine and Raffles Medical could benefit from Indonesia's strong economic performance - THE EDGE SINGAPORE

Broker's Calls

Stocks like Delfi, Marco Polo Marine and Raffles Medical could benefit from Indonesia's strong economic performance

The sectors to look out for are consumer, commodity, healthcare tourism, plantation and marine-related.
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