CGS-CIMB Research

Broker's Calls

Analysts positive on Mapletree Logistics Trust despite occupancy level dip

MLT reported a 16.5% and 14.9% y-o-y rise in gross revenue and NPI to $182.9 million and $157.1 million respectively for 4QFY2022

Broker's Calls

CGS-CIMB maintains 'add' on Singapore banks despite 10% earnings drop

The banks are well-positioned to sustain their dividend policies in FY2022, according to the analysts at CGS-CIMB.

Broker's Calls

Analysts positive on FEHT as operations and DPU improve

Analysts from five brokerages have maintained their "buy" calls on FEHT, with three raising their target prices.
Analysts upbeat on FCT amid improving shopper traffic and tenant sales - THE EDGE SINGAPORE

Broker's Calls

Analysts upbeat on FCT amid improving shopper traffic and tenant sales

CGS-CIMB continues to like FCT for its pure exposure to suburban malls which should enable it to outperform peers.

Investing ideas

iFast's lack of near-term catalyst spurs downgrades, better prospects seen from Hong Kong

Shares in iFAST fell some 6% after its 1QFY2022 earnings were released.

Broker's Calls

CGS-CIMB downgrades Suntec REIT to 'hold'; other analysts mixed

CGS-CIMB and Citi have rated Suntec REIT at 'hold' or 'neutral', while Maybank and RHB have kept their 'buy' calls.

Broker's Calls

SIA Engineering, SingPost and SingTel to benefit from Singapore's reopening: CGS-CIMB

On the flipside, healthcare providers like Raffles Medical Group and Q&M Dental Group face downside risks.
DBS downgrades iFAST to 'hold' with lack of near-term catalysts; Citi keeps 'sell' call with lower TP of $4.20 - THE EDGE SINGAPORE

Broker's Calls

DBS downgrades iFast to 'hold' with lack of near-term catalysts; Citi keeps 'sell' call with lower TP of $4.20

In addition to its downgrade, DBS Group Research has lowered its target price to $5.42.

Broker's Calls

CGS-CIMB downgrades Parkway Life REIT due to limited near-term upside

CGS-CIMB Group Research analyst downgraded PREIT from “add” to “hold” with an unchanged target price of $5.05
Analysts remain positive on Keppel Corp after 1Q business update; UOBKH ups TP to $7.25 - THE EDGE SINGAPORE

Broker's Calls

Analysts remain positive on Keppel Corp after 1Q business update; UOBKH ups TP to $7.25

Analysts from CGS-CIMB, DBS and UOB Kay Hian have kept "add" or "buy" on the counter.
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