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CGS-CIMB Research
Broker's Calls
DBS, CGS-CIMB trim Riverstone TP as glove prices ease
“We expect sequentially weaker results for the segment going forward, due to lower production volume and lower ASP."
August 11, 2021
Broker's Calls
CGS-CIMB upgrades SingPost to 'add', sees it as another proxy for border reopening
CGS-CIMB projects stronger quarters ahead for SingPost as borders reopen.
August 11, 2021
Broker's Calls
Venture Corp bottlenecked by component shortage, although orders are still strong: analysts
Mixed ratings for Venture Corp as it grappled with a component shortage that stifled its revenue and profit growth in 1H21
August 10, 2021
Zest
DBS, UOB among analysts' top picks, as Singapore banking sector remains 'overweight'
UOB and DBS are the top picks for analysts from CGS-CIMB and UOB Kay Hian.
August 10, 2021
Broker's Calls
CGS-CIMB lowers TP on Credit Bureau Asia to $1.43 on lower growth assumptions post-1H21 results
"We cut our DPS estimates to 3.7 cents in FY2021F, in line with our lower earnings estimates."
August 10, 2021
Broker's Calls
Analysts remain mostly neutral on StarHub despite 1H21 earnings being in line with expectations
CGS-CIMB is the only brokerage to keep “add” with a higher TP of $1.65. See the rest of the brokerage's TP estimates within.
August 10, 2021
Broker's Calls
Analysts positive on UOB following 1H21 results; peg TP estimate of at least $29
The analysts from all five brokerages have kept “accumulate”, “add” or “buy” on UOB.
August 06, 2021
Broker's Calls
CGS-CIMB raises TP for Frencken ahead of 1H21 results announcement, anticipates strong net profit growth
CGS-CIMB has upped its target price from $1.87 to $2.34.
August 06, 2021
Broker's Calls
'Buy' DBS Group for beating 2Q21 forecasts: analysts
Lower credit costs and operating expenses helped DBS Group beat estimates in 2QFY2021.
August 06, 2021
Broker's Calls
Analysts expect Keppel Corp to monetise SPH's non-core assets; acquisition expected to be EPS accretive
In addition, ESSEC Business School's associate professor of accounting says the offer may increase the free floats of both REITs.
August 06, 2021