Maybank Securities

Zest

SVB collapse unlikely to cause systemic risk, say analysts

Analysts also largely agree SVB is unlikely to impact markets the way the Global Financial Crisis did in 2008.

Broker's Calls

ESG adoption up across Asean with DBS, Sembcorp and SGX top picks in Singapore: Maybank

“Strong capital levels, elevated margins and a wealth management turnaround should provide Singapore banks resilience.”
Analysts lift their TPs on PropNex after record FY2022 revenue - THE EDGE SINGAPORE

Broker's Calls

Analysts lift their TPs on PropNex after record FY2022 revenue

Analysts from CGS-CIMB, Maybank and DBS have increased their TPs to to $2.05, $2.20 and $1.88, respectively.
Maybank downgrades Singapore banks to 'neutral' on NPL risks; lowers UOB and OCBC to 'hold' - THE EDGE SINGAPORE

Broker's Calls

Maybank downgrades Singapore banks to 'neutral' on NPL risks; lowers UOB and OCBC to 'hold'

Analyst Thilan Wickramasinghe points out that the sector’s risk-reward is now “largely balanced” as operations are still resilient

Broker's Calls

Analysts lower Q&M's TP after its 4QFY2022 results performed below expectations

CGS-CIMB's new TP is now at 42 cents while Maybank Securities' new TP is now at 37 cents.
Analysts mixed on Frencken after dip in FY2022 earnings and soft FY2023 outlook - THE EDGE SINGAPORE

Broker's Calls

Analysts mixed on Frencken after dip in FY2022 earnings and soft FY2023 outlook

The company announced FY2022 ended Dec 31, 2022 earnings of $51.9 million, 11.7% lower than $58.7 million in FY2021.
Analysts positive on Food Empire after record earnings and dividend payout for FY2022 - THE EDGE SINGAPORE

Broker's Calls

Analysts positive on Food Empire after record earnings and dividend payout for FY2022

Analysts from UOB Kay Hian and Maybank have maintained their “buy” calls with higher TPs of $1.28 and $1.29 respectively.
Analysts lift Raffles Medical Group's TPs following its 'exceptional year' - THE EDGE SINGAPORE

Broker's Calls

Analysts lift Raffles Medical Group's TPs following its 'exceptional year'

The analysts are now more positive on the prospects of RMG’s Chinese hospitals.
ST Engineering set for continued growth in and beyond FY2023 as air travel begins full recovery: analysts - THE EDGE SINGAPORE

Broker's Calls

ST Engineering set for continued growth in and beyond FY2023 as air travel begins full recovery: analysts

Analysts from DBS, CGS-CIMB, OCBC, Maybank and RHB have maintained their "add" or "buy" calls for ST Engineering.
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