OCBC Investment Research (OIR)

Broker's Calls

Analysts positive on UOB following 1H21 results; peg TP estimate of at least $29

The analysts from all five brokerages have kept “accumulate”, “add” or “buy” on UOB.
'Buy' DBS Group for beating 2Q21 forecasts: analysts  - THE EDGE SINGAPORE

Broker's Calls

'Buy' DBS Group for beating 2Q21 forecasts: analysts

Lower credit costs and operating expenses helped DBS Group beat estimates in 2QFY2021.
Analysts expect Keppel Corp to monetise SPH's non-core assets; acquisition expected to be EPS accretive - THE EDGE SINGAPORE

Broker's Calls

Analysts expect Keppel Corp to monetise SPH's non-core assets; acquisition expected to be EPS accretive

In addition, ESSEC Business School's associate professor of accounting says the offer may increase the free floats of both REITs.
OCBC ups SIA's TP to $4.90 as 1Q22 results met expectations - THE EDGE SINGAPORE

Broker's Calls

OCBC ups SIA's TP to $4.90 as 1Q22 results met expectations

Despite the higher TP, OCBC's Chu believes that SIA is likely to remain in the red for the FY2022.
Analysts turn pessimistic on SGX after weak FY21 results, downgrades issued - THE EDGE SINGAPORE

Broker's Calls

Analysts turn pessimistic on SGX after weak FY21 results, downgrades issued

“SGX has had a good run. Near term catalysts limited,” says Maybank Kim Eng's head of research Thilan Wickramasinghe.
Proposed privatisation deal of SPH by Keppel Corp 'seems fair': analysts - THE EDGE SINGAPORE

Broker's Calls

Proposed privatisation deal of SPH by Keppel Corp 'seems fair': analysts

CGS-CIMB has kept "add", while DBS and OCBC have maintained "hold" on SPH. The analysts have TPs ranging from $1.92 to $2.19.

Broker's Calls

Analysts lower MNACT’s TP on 'challenging quarter' despite 1Q results being in line with expectations

Despite the lower target prices, analysts from CGS-CIMB and OCBC Investment Research have kept their "add" or "buy" calls.
Analysts positive on MINT's 1Q22 results, deems it 'good start' to the new FY - THE EDGE SINGAPORE

Broker's Calls

Analysts positive on MINT's 1Q22 results, deems it 'good start' to the new FY

The analysts -- with the exception of OCBC -- have upped their target price estimates starting from $3.16.
Analysts maintain 'buy' on Ascott Residence Trust with TP of at least $1.21, as recovery 'underway' - THE EDGE SINGAPORE

Broker's Calls

Analysts maintain 'buy' on Ascott Residence Trust with TP of at least $1.21, as recovery 'underway'

As at 3.41pm, units in ART are trading flat at $1.03, or 0.92 times P/BV, according to CGS-CIMB’s estimates.
Analysts mostly positive on ESR-REIT with TP estimate of at least 42 cents - THE EDGE SINGAPORE

Broker's Calls

Analysts mostly positive on ESR-REIT with TP estimate of at least 42 cents

Most analysts kept "buy" on the REIT except Daiwa, which kept its "hold" call.
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