Broker's calls

Broker's Calls

Is it time to add into S-REITs despite the sector's 7% gain in November?

Amid rising unit prices, the sector’s overall valuations are still attractive, says DBS Group Research.

Broker's Calls

UOB Kay Hian lowers MPACT’s TP, DPU on lower contributions from China and further depreciation on forex

Analyst Jonathan Koh has kept his "buy" call with a lowered target price of $1.68.

Broker's Calls

OCBC remains RHB’s top pick after 3QFY2023 results

The team estimates the sector to see earnings growth of 26% for the FY2023.

Broker's Calls

RHB upgrades Frencken to ‘buy’ with new TP of $1.45

“We now turn positive on the stock ahead of an anticipated recovery next year,” says analyst Alfie Yeo.
Maybank lifts Frencken’s TP to $1.39 after positive 3QFY2023 - THE EDGE SINGAPORE

Broker's Calls

Maybank lifts Frencken’s TP to $1.39 after positive 3QFY2023

“So far, Frencken has delivered improving quarters since 1QFY2023 and we believe this trend is likely to persist."

Broker's Calls

DBS upgrades Frencken to ‘buy’ with higher TP of $1.33

The group’s revenue and patmi have been improving sequentially from the 1QFY2023 to 3QFY2023.
DBS lowers ThaiBev’s TP to 75 cents, says valuation is ‘unjustifiably low’ - THE EDGE SINGAPORE

Broker's Calls

DBS believes ThaiBev's valuation is ‘unjustifiably low’; trims target price on higher equity risk premium

The analysts are recommending investors to load up in the company’s shares before its price increases.

SPACs

PhillipCapital recommends VTAC’s shareholders vote in favour of 17LIVE acquisition

The team adds that VTAC’s shareholders should fully redeem their shares at the redemption price range of $5 to $5.02 per share.

Broker's Calls

Brokers’ Digest: StarHub, Nanofilm, ST Engineering, FHT, Sats

See what the analysts have to say this week.
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