CGS-CIMB Research

CGS-CIMB starts Yangzijiang Financial Holding at 'add' due to 'generous' 40% dividend payout - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB starts Yangzijiang Financial Holding at 'add' due to 'generous' 40% dividend payout

The analysts also like the stock as it is the only Singapore listed mid-size cap proxy to fund management and private equity.

Broker's Calls

CGS-CIMB initiates coverage on LHN Logistics, trading at 50% discount to peers

According to CGS-CIMB, LHN Logistics is trading at a 50% market size discount to peers with an FY2023 P/E of 9x.
DBS downgrades SATS to 'hold'; other analysts keep 'buy' calls despite missed expectations - THE EDGE SINGAPORE

Broker's Calls

DBS downgrades SATS to 'hold'; other analysts keep 'buy' calls despite missed expectations

DBS, UOB Kay Hian and Citi have pegged TPs of $4.50, $4.75 and $4.60. CGS-CIMB and OCBC have upped their TP to $4.88 and $4.94.

Broker's Calls

CGS-CIMB remains 'overweight' on banking sector on anticipated margin expansion

The recommendation comes after deposits in April rose by 2.9% m-o-m, the highest since August 2021.

Broker's Calls

Analysts lower Alibaba's target prices after 4QFY2022 results

CGS-CIMB has pegged a new TP of HK$151, while DBS has pegged new TPs of HK$157 and US$161.

Manufacturing

Analysts see headwinds ahead for Valuetronics, DBS cuts target price

Component shortages seem to be the main factor affecting Valuetronics.

Broker's Calls

Stay defensive in the near-term with REITs and high dividend yield stocks: CGS-CIMB

Going into the 2HFY2022, CGS-CIMB is adding OCBC and Venture Corporation to its list of top picks.
Analysts mixed on Singtel, although all still maintain 'buy' call - THE EDGE SINGAPORE

Broker's Calls

Analysts mixed on Singtel, although all still maintain 'buy' call

Citibank has lowered its target price, while the rest have either raised or maintained their target prices on Singtel.

Broker's Calls

CGS-CIMB maintains buy on GVT, but trims target price

Despite a promising 1QFY2022 for GVT, CGS-CIMB has cut the stock's target price.

Broker's Calls

More solid earnings recovery expected for the rest of the year, analysts maintain positive on CDL

CDL's hospitality segment should continue to trade well for the rest of 2022 with the rebound in global travel.
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