Daiwa

SINGAPORE (Aug 10): Daiwa is downgrading Fortune REIT to “outperform” from "buy" with a higher target price of HKD10.90 ($1.88) from HKD9.65 previously, following the REIT’s recent unit-price rally.

SINGAPORE (Aug 2): Daiwa has maintained its “buy” call for City Developments (CDL), with a target price of $10.93.

SINGAPORE (Aug 1): An increase in visitor arrivals to Singapore has failed to lift CDL Hospitality Trusts (CDLHT), as corporate demand remains weaker compared to last year, according to Daiwa Capital Markets.

SINGAPORE (July 25): Daiwa has maintained its “hold” call for Keppel Corp, with a target price of $5.61. Echoing Daiwa’s rating, UOB has also reiterated its “hold” call, with a target price of $5.70, according to reports issued by both research

SINGAPORE (July 22): Daiwa has maintained its “outperform” call on airport gateway services provider SATS, with a target price of $4.66.

SINGAPORE (July 22): Daiwa Capital Markets is reaffirming its “sell” recommendation on offshore and specialised vessels manufacturer Vard Holdings with a higher target price of 13.4 cents from the previous 11.8 cents, projecting that the stock could u

SINGAPORE (July 14): Daiwa is sticking to its “sell” call for Super Group, with a target price of 64 cents on the back of intense competition in its core market of Myanmar  and potential margin pressure arising from higher input costs and marketing e

SINGAPORE (July 8): Daiwa Capital Markets is reaffirming its “underperform” rating on SMRT Corp with an unchanged target price of $1.34, meaning the stock is expected to underperform the local index by 5 – 15% over the next 12 months.