CGS-CIMB Research

'New chapter of growth' unfolding for Grand Venture Technology: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

'New chapter of growth' unfolding for Grand Venture Technology: CGS-CIMB

CGS-CIMB has raised its TP for Grand Venture Technology from 60.5 cents to $1.12.
CGS-CIMB positive on FLCT’s acquisition of Europe properties but leaves TP unchanged for now pending completion - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB positive on FLCT’s acquisition of Europe properties but leaves TP unchanged for now pending completion

CGS-CIMB has kept its ‘add’ rating for FLCT with an unchanged target price of $1.57.
Analysts maintain optimism on CSE Global despite lower 1Q21 revenue, EBITDA - THE EDGE SINGAPORE

Broker's Calls

Analysts maintain optimism on CSE Global despite lower 1Q21 revenue, EBITDA

Analysts from CGS-CIMB, DBS and UOB Kay Hian have maintained "add" or "buy" on CSE Global, with target prices of 63 to 68 cents.
CGS-CIMB anticipates Singtel to show sequential improvement in 2HFY21 earnings - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB anticipates Singtel to show sequential improvement in 2HFY21 earnings

CGS-CIMB anticipates 11%-12% h-o-h growth for Singtel's 2HFY21 core net profit ahead of its results announcement on May 27.
CGS-CIMB keeps 'overweight' on Singapore banks with UOB being its sector pick - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB keeps 'overweight' on Singapore banks with UOB being its sector pick

The analysts have given target prices of $32.64, $13.75 and $28.84 on DBS, OCBC and UOB respectively.
Analysts maintain 'buy' on CDL with unchanged target prices on mixed 1Q21 performance - THE EDGE SINGAPORE

Broker's Calls

Analysts maintain 'buy' on CDL with unchanged target prices on mixed 1Q21 performance

Analysts from CGS-CIMB and OCBC Investment Research have kept their target prices at $8.97 and $9.12 respectively.
CGS-CIMB upgrades SIA to 'add' while rest of analysts remain negative on the counter - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB upgrades SIA to 'add' while rest of analysts remain negative on the counter

OCBC and UOB Kay Hian have kept "hold" and "sell" calls respectively on the airline.
Look to defensive counters such as SGX during the tighter restrictions: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

Look to defensive counters such as SGX during the tighter restrictions: CGS-CIMB

These counters are likely to see “minimal implications” from the ongoing measures.
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