buy

SINGAPORE (Feb 1): DBS Vickers Securities is maintaining its “buy” call on Chip Eng Seng with a target price of $1.18 after the group announced its construction net order book had hit about $626.5 million, boosted by the award of a $168 million contra

SINGAPORE (Jan 30): RHB is maintaining its “buy” call on Avi-Tech Electronics with a target price of 59 cents, which implies 12 times FY18 earnings and 4.6% dividend yield.

SINGAPORE (Jan 29): Phillip Capital is initiating coverage on China Sunsine, the largest producer of rubber accelerators in the world, with a “buy” call and target price of $1.60 or 10 times FY18 earnings.

SINGAPORE (Jan 26): OCBC Investment Research and DBS Vickers Securities are maintaining their “buy” recommendations on Keppel Corporation (Keppel) with a fair value and target price of $9.45 and $10.20, respectively.

SINGAPORE (Jan 26): Brokers are divided on their recommendations for CapitaLand Commercial Trust (CCT), after its manager yesterday announced a 13% decline in 4Q DPU to 2.08 cents due to absence of income of properties divested in 2H17.

SINGAPORE (Jan 25): DBS Vickers Securities is reiterating its “buy” call on Suntec REIT with an unchanged target price of $2.30 after its manager on Wednesday posted a 4Q distribution per unit (DPU) of 2.604 cents, in line with expectations.

SINGAPORE (Jan 24): DBS Vickers Securities is reiterating its “buy” rating on Mapletree Industrial Trust (MIT) with a target price of $2.15, after its manager reported what the research house sees as “another excellent quarter” for 3Q18.   

SINGAPORE (Jan 24): DBS Vickers Securities is maintaining its “buy” recommendation on Mapletree Logistics Trust (MLT) with a higher target price of $1.45, above the consensus average of $1.35, to account for potential new acquisitions.

SINGAPORE (Jan 22): RHB and Phillip Capital have upgraded their calls on Cache Logistics Trust (CacheLog) to “buy” and “accumulate” from “neutral”, with higher target prices of 96 cents and 92 cents, respectively.

SINGAPORE (Jan 15): OCBC Investment Research is reiterating its “buy” call on City Developments (CDL) with a higher fair value estimate of $15.30 from $13.50 previously, after updating its valuation model for firmer average selling price (ASP) assumpt