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Citi Research
Singapore economy
Labour market could ease in 2023 after tightness last year: Analysts
Unemployment rates could trend higher in 2023 with an uptick in retrenchments but is expected to remain within pre-Covid levels.
February 02, 2023
Broker's Calls
Analysts see Keppel REIT benefitting from office rental upcycle though higher interest costs may be a drag
The analysts' target prices range from 85 cents to $1.15. Of the analysts' reports, OCBC was the only one with a "sell' call.
February 01, 2023
Broker's Calls
Analysts split on CDLHT even after FY2022 outperformance, China's reopening 'already priced in'
While CDLHT sports a strong recovery, Citi Research sees Far East Hospitality Trust (FEHT) as a better proxy for tourism.
January 31, 2023
Broker's Calls
Analysts see 'resilient' results for MLT's 3QFY2023 although Citi sees 'negative' share impact on forex weakness
OCBC and UOB have kept their "buy" calls while Citi has maintained its "neutral" call on MLT.
January 30, 2023
Broker's Calls
Analysts mixed on FCT's acquisition of 25.5% stake in Nex
The analysts have kept their "buy" and "hold" calls with a target price range of $2.10 to $2.60.
January 30, 2023
Broker's Calls
LREIT's Jem offers better prospects than Jurong Point; implied cap rate expansion of 90 bps 'overly negative': Citi
Citi's Brandon Lee has kept "buy" on LREIT with a lowered target price of 78 cents from 93 cents previously.
January 26, 2023
Singapore economy
Analysts expect to see 'challenging' core inflation in 2023, further tightening cannot be 'ruled out'
All the analysts have kept their 2023 CPI forecasts unchanged.
January 25, 2023
Broker's Calls
'A sigh of relief' as Suntec REIT closes FY2022, but outlook stays challenging: analysts
Despite a strong finish for FY2022, Suntec REIT faces a challenging outlook ahead, say analysts.
January 25, 2023
Broker's Calls
Analysts like ComfortDelGro's 'undemanding valuation' while lowering TPs
Analysts from RHB and Citi have lowered their TPs to $1.65 and $1.63 respectively.
January 13, 2023
Broker's Calls
Citi keeps 'sell' on SembMarine as it remains cautious on stock’s fundamentals
In his report on Jan 5, Citi analyst Jame Osman deems near-term market expectations for SembMarine as “overly bullish”.
January 09, 2023