CGS-CIMB Research

Broker's Calls

Analysts cheer CapitaLand Ascendas REIT’s strong 1QFY2023 rental reversion

The REIT remains a defensive shelter amid the current market volatility.
Analysts mixed on CDL Hospitality Trusts despite 'stellar performance' in core Singapore market for 1QFY2023 - THE EDGE SINGAPORE

Broker's Calls

Analysts mixed on CDL Hospitality Trusts despite 'stellar performance' in core Singapore market for 1QFY2023

UOB Kay Hian and CGS-CIMB have kept their "buy" and "add" calls, while Citi has maintained its "sell" rating.
Analysts mixed on MPACT's 4QFY2023 results; CGS-CIMB downgrades to 'hold' - THE EDGE SINGAPORE

Broker's Calls

Analysts mixed on MPACT's 4QFY2023 results; CGS-CIMB downgrades to 'hold'

CGS-CIMB analysts have lowered their estimates for MPACT’s FY2024 and FY2025 DPU by 8.9% and 6.2% respectively.

Broker's Calls

CLAS remains analysts' top pick within Singapore hospitality sector after 1Q business update

Analysts from PhillipCapital and CGS-CIMB Research have kept their "add" and "buy" calls with unchanged TPs of $1.26 and $1.27.

Broker's Calls

Analysts downbeat on iFast after 1QFY2023 reveals Hong Kong, UK profit drag

iFast recorded patmi of $3 million in 1QFY2023 ended March, up 130% q-o-q but down 48% y-o-y.
DBS downgrades Suntec REIT to 'hold'; analysts see 'mixed performance' from 1QFY2023 results - THE EDGE SINGAPORE

Broker's Calls

DBS downgrades Suntec REIT to 'hold'; analysts see 'mixed performance' from 1QFY2023 results

There is a “sell” call from OCBC Investment Research and two “hold” calls from CGS-CIMB Research and DBS Group Research.

Investing ideas

Emboldened Keppel hikes AUM target to $200 bil

According to Bloomberg’s compilation of sell-side calls, eight of the analysts tracked have either a “buy” or equivalent call.

Broker's Calls

CGS-CIMB positive on Yangzijiang as US$3 bil order target for FY2023 looks in sight

Yangzijiang has secured order wins of US$1.18 billion year-to-date, or 39% of its US$3 billion target for the full year.
CDL, UOL could be most adversely affected by new property cooling measures among developers: CGS-CIMB - THE EDGE SINGAPORE

Property

CDL, UOL could be most adversely affected by new property cooling measures among developers: CGS-CIMB

The analyst cites CapitaLand Investment as her top pick as it would be the least impacted by the new measures.

Broker's Calls

CGS-CIMB upgrades Parkway Life REIT to 'add' on share price decline and potential total return

“We like Parkway Life REIT for its stability, backed by its defensive income structure with in-built rent escalation features."
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