OCBC Investment Research (OIR)

Analysts lower TPs on Keppel DC REIT; CGS-CIMB downgrades to ‘hold’ - THE EDGE SINGAPORE

Broker's Calls

Analysts lower TPs on Keppel DC REIT; CGS-CIMB downgrades to ‘hold’

The analysts' target prices now range from $1.81 to $2.20.
RHB upgrades Suntec REIT to ‘buy’ on strong operational metrics; analysts up TPs on forward estimates - THE EDGE SINGAPORE

Broker's Calls

RHB upgrades Suntec REIT to ‘buy’ on strong operational metrics; analysts up TPs on forward estimates

Analysts from CGS-CIMB, DBS, Maybank and OCBC have kept their "hold" calls while Citi has kept its "sell" rating.

Broker's Calls

OCBC lowers Dyna-Mac’s TP to 36 cents to account for bonus issue

Analyst Ada Lim sees further upside for the company given a stronger-than-expected upcycle and potential catalysts ahead.
Betting on a Singapore swing - THE EDGE SINGAPORE

Singapore economy

Betting on a Singapore swing

REITs are expected to be a favourite with brokerages this year on the back of anticipated rate cuts.

Broker's Calls

OCBC Investment Research lowers Seatrium’s TP to 17.5 cents as offshore wind faces ‘stumbling blocks’

Despite the lower target price, the OCBC team expects Seatrium to return to profitability in FY2024.

Broker's Calls

OCBC sees possible recovery in property stocks and REITs ahead of anticipated end to rate hike cycle

Within the Singapore market, analyst Carmen Lee's top picks include a mix of banks, REITs, real estate stocks and telcos.
Port of Singapore

Singapore economy

Singapore’s 2023 NODX on track to see worst performance since 2001

Analysts from OCBC and UOB expect Singapore's full-year NODX to come in at -12.5% and -12.6% respectively.
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