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CGS-CIMB Research
Broker's Calls
Analysts lift Far East Hospitality Trust's TP on the back of higher FY2022 DPS
DBS has upped its TP to 74 cents while CGS-CIMB has upped its TP to 79 cents.
February 15, 2023
Broker's Calls
Analysts are mixed on SGX after 1HFY2023 results
The analysts' target prices range from $9.40 to $11.71.
February 14, 2023
Broker's Calls
Analysts like SATS for its position as a proxy for recovery in travel
Analysts expect SATS to see better quarters moving forward, as it is a proxy for the recovery in travel.
February 14, 2023
Broker's Calls
Analysts divided on impact of stabilising net interest margin on DBS going forward
“We think NIM upside from higher rates is priced in, while earnings upside from a pick-up in wealth management could take time.”
February 14, 2023
Broker's Calls
Frasers Property's unbilled residential revenue of $2.7 bil 'provides earnings visibility' over next few years: CGS-CIMB
Following the update, CGS-CIMB Research's Lock Mun Yee has lowered her estimates for the FY2023 to FY2024 by 6.95% to 8.45%.
February 10, 2023
Broker's Calls
Manulife US REIT taking the 'right measures' after 10% fall in valuation: analysts
CGS-CIMB Research analysts have cut their target price for Manulife US REIT following its FY2022 results.
February 10, 2023
Broker's Calls
Analysts see Lendlease 'emerging as a dominant retail play' after 1HFY2023 DPU beat expectations
The analysts have kept their target prices unchanged ranging from 78 cents to $1.
February 09, 2023
Broker's Calls
Analysts remain 'neutral' on StarHub; Maybank and PhillipCapital downgrade to 'hold' after FY2022 results
All the brokerages except Maybank have upped their target prices on the telco.
February 09, 2023
Broker's Calls
Analysts retain 'add' and 'buy' calls on Keppel Corp after FY2022 results
Citi has kept its TP of $8.66 while CGS-CIMB and PhillipCapital's TPs were raised to $10.04 and $9.54 respectively.
February 08, 2023
Broker's Calls
CGS-CIMB estimates Boustead Projects' privatisation offer to see 11.5% EPS accretion for Boustead Singapore in FY2024
Boustead Singapore’s cash offer of 90 cents per share implies a valuation of $281.9 million for Boustead Projects.
February 08, 2023