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CGS-CIMB Research Securities
Broker's Calls
Analysts see Suntec REIT's London acquisition as positive, though higher gearing could drag near-term share price performance
Analysts from CGS-CIMB, DBS, OCBC and UOB Kay Hian have given "buy" calls on the counter.
October 13, 2020
Broker's Calls
CGS-CIMB ups Sea Limited's target price on sustained growth
Shares in Sea Limited closed US$167.42 on Oct 7.
October 08, 2020
Broker's Calls
Analysts mixed on SPH REIT's positive rental reversions amid impacted tenant sales from Covid-19
The REIT's FY2020 DPU of 2.72 cents fell short of both brokerage's forecasts for the full year ended August.
October 07, 2020
Broker's Calls
Analysts remain 'neutral' on Singapore banking sector following extension of loan relief measures
Shares in DBS, OCBC and UOB closed $20.71, $8.62 and $19.53 on Oct 6.
October 06, 2020
Broker's Calls
Analysts mixed on Hi-P International on 'continual improvement in ESG factors' and 'M&A-driven growth'
Shares in Hi-P closed 1 cent lower, or 0.9% down, at $1.13 on Oct 5.
October 05, 2020
Broker's Calls
Easing of Phase 2 measures spells good news for CapitaLand Mall Trust and ComfortDelGro, says CGS-CIMB
The easing of Singapore’s Phase 2 measures spells good news for ComfortDelGro and CapitaLand Mall Trust.
September 24, 2020
Broker's Calls
CGS-CIMB expects Fu Yu Corp's net profit to 'grow again' following closure of Chongqing factory
CGS-CIMB Securities is maintaining its “hold” call on Fu Yu Corp at a revised price of 24 cents.
September 14, 2020
Broker's Calls
CGS-CIMB initiates 'buy' on Lendlease Global Commercial REIT, calls it 'an undervalued REIT'
The brokerage's target price for LREIT is at 85.4 cents, which represents a 30.3% upside to its last closed price of 65.5 cents.
September 10, 2020
Broker's Calls
SEA rises strongly on Covid-19 tide though profits remain elusive
Tech stocks continue to profit from Covid-19 lockdown measures, as SEA Ltd reported strong adjusted revenue growth of 93.4% y-o-y and 40.8% q-o-q. Despite still forecasting a net loss of US$1.418 billion ($1.94 billion) in December 2020, CGS-CIMB analys
August 19, 2020
Broker's Calls
Koufu reserved its seat for recovery in 2H; Deli Asia to bring in the dough
Analysts still have a strong appetite for Koufu and expects it to bring in the dough for 2H
August 17, 2020