Broker's calls

Broker's Calls

Citi keeps ‘buy’ on Netlink, sees possibility of re-rating if rates fall

Analyst Luis Hilado has maintained his target price of $1.06.

Broker's Calls

S-REITs will be net outperformers in 2024; retail S-REITs preferred: DBS

In the near term, however, S-REITs are approaching “overbought” territory as seen in the combined 15% rise in the S-REITs index.

Broker's Calls

UOB Kay Hian downgrades Singapore banking sector to ‘market weight’ amid anticipated interest rate downcycle

OCBC is analyst Jonathan Koh’s top pick due to its commitment to maintaining its 50% dividend payout ratio.

Broker's Calls

RHB upgrades IREIT Global to ‘buy’ after divestment of Spanish office asset

Analyst Vijay Natarajan has also lifted his target price estimate to 47 cents from 42 cents previously.

Broker's Calls

OCBC sees possible recovery in property stocks and REITs ahead of anticipated end to rate hike cycle

Within the Singapore market, analyst Carmen Lee's top picks include a mix of banks, REITs, real estate stocks and telcos.

Broker's Calls

Maybank downgrades Top Glove to ‘sell’ as share price has outpaced its fundamentals

Analyst Wong Wei Sum still expects the company to be loss-making in FY2024. Top Glove is expected to see profitability in FY2025.

Broker's Calls

UOBKH lowers China Sunsine Chemical’s TP to 46 cents with lowered earnings expectations

The analysts have lowered their gross margin assumptions, which led to lower earnings expectations as well.

Broker's Calls

Citi lowers Keppel DC REIT’s TP to $2.18 after the REIT’s LOD to Guangdong DCs

Citi's Lee has also cut his DPU estimates for FY2023, FY2024 and FY2025 by 1.6%, 8.3% and 8.3% .

Broker's Calls

Banks, industrials, tech and telcos to benefit from adoption of GenAI: Maybank

CDG, DBS, Frencken, Raffles Medical, Sembcorp Industries, Singtel, ST Engineering and Venture Corp are among the team's top picks.
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