PhillipCapital

Broker's Calls

DBS holds $100 bil market cap for second day; analysts mixed on 1QFY2024 results

The analysts' target prices range from $35.90 to $40.70.
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.

Fintech

Alta partners PhillipCapital to offer liquidity programme for Income Insurance shares

It is the largest listing of a non-listed company on a private securities exchange.
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.
Should investors invest into these STI-tracked ETFs? PhillipCapital takes a closer look - THE EDGE SINGAPORE

Investing 101

Should investors invest into these STI-tracked ETFs? PhillipCapital takes a closer look

The team estimates that the implied value for Nikko AM Singapore STI ETF is $3.69 and $3.73 for the SPDR Straits Times Index ETF.

Broker's Calls

PhillipCapital highlights Yoma’s response to challenging macro environment in an unrated report

Yoma has been de-gearing its balance sheet, disposing its non-core assets, localising costs as well as rebalancing its headcount.

Broker's Calls

PhillipCapital maintains 'buy' for Elite Commercial REIT after news of GBP28mil raise through preferential offering

Analyst Liu Miaomiao has factored in transitions into calculations, maintains forecast with target price of 0.36 GBP pence.

Broker's Calls

Hospitality and retail S-REITs preferred amid tailwind from expectations of rate cuts: PhillipCapital

Analyst Darren Chan says now is an “opportune time” for investors to reposition themselves into the sector.

Broker's Calls

PhillipCapital and CGS-CIMB analysts lower target price for NYSE-listed TDCX, following drag from largest customer Meta

PhillipCapital and CGS-CIMB have target prices of US$8.60 and US$6.20, and “buy” and “hold” calls respectively.
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