Citi Research

Broker's Calls

With IMDA price review complete, analysts cheer 'long-award closure' for 'very attractive' Netlink NBN Trust

CGS-CIMB forecasts DPU of 5.3 cents for FY2024 ending March 2024, which represents a 6.5% dividend yield.
Analysts keep estimates unchanged for OCBC; bank named as top sector pick for some - THE EDGE SINGAPORE

Broker's Calls

Analysts keep estimates unchanged for OCBC; bank named as top sector pick for some

Analysts' target prices range from $12.97 to $14.96.

Broker's Calls

Citi maintains 'neutral' on 'high risk' Sea Limited with TP of US$49

Citi analysts have assigned a “high risk” rating to Sea given the “lack of visibility” to the effectiveness of recent investments.

Broker's Calls

Analysts keep their 'reduce' and 'sell' calls on SIA despite record quarterly performance

SIA's 1HFY2024 net profit came in at $1.44 billion, a 55.5% improvement y-o-y.
Netlink NBN Trust results in-line with analysts’ expectations - THE EDGE SINGAPORE

Broker's Calls

Netlink NBN Trust results in-line with analysts’ expectations

On Nov 3, Netlink reported a distribution per unit (DPU) of 2.65 cents for the 1HFY2024 ended September, 1.1% higher y-o-y.
RHB lowers DBS’s TP while Citi notes positives and negatives from MAS’s response to DBS downturn - THE EDGE SINGAPORE

Broker's Calls

RHB lowers DBS’s TP while Citi notes positives and negatives from MAS’s response to DBS downturn

DBS is slated to release its 3QFY2023 ended Sept 30 results on Nov 6.

Broker's Calls

Analysts like CapitaLand Ascendas REIT’s defensive attributes; Maybank upgrades to ‘buy’

The analysts' target prices range from $2.65 to $3.06.
DBS, UOBKH and CGS-CIMB analysts keep 'buy' and 'add' calls on MINT, while Citi and Maybank keep 'neutral' and 'hold' - THE EDGE SINGAPORE

Broker's Calls

DBS, UOBKH and CGS-CIMB analysts keep 'buy' and 'add' calls on MINT, while Citi and Maybank keep 'neutral' and 'hold'

This follows the REIT’s 2QFY2023/2024 ended Sept 30 results with “healthy gearing” and robust rental reversions, say analysts.
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