RHB Bank Singapore

RHB lowers SGX’s TP as 1HFY2024 operating data disappoints - THE EDGE SINGAPORE

Broker's Calls

RHB lowers SGX’s TP as 1HFY2024 operating data disappoints

1HFY2024 securities trading data stood 8% lower than RHB's estimates while derivatives tracking data stood within expectations.
'Sluggish year ahead' for real estate sector, RHB maintains 'neutral' call and names City Developments as top pick - THE EDGE SINGAPORE

Broker's Calls

'Sluggish year ahead' for real estate sector, RHB maintains 'neutral' call and names City Developments as top pick

Analyst Vijay Natarajan expects a further moderation in property prices in 2024, noting increasing supply and high interest rates.

Broker's Calls

RHB lifts ComfortDelGro’s target price to $1.60 after recent developments

RHB's raising of its target price on ComfortDelGro follows the latter's recent announcements.
REIT and semiconductor sectors among the favourites - THE EDGE SINGAPORE

Singapore economy

REIT and semiconductor sectors among the favourites

With interest rate cuts set to happen this year, most analysts have turned positive on S-REITs.
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

RHB maintains 'overweight' on F&B sector, names ThaiBev, Delfi and Food Empire as top picks

Analyst Alfie Yeo sees consumption accelerating in 2024, with GDP growth and tourist recovery in Thailand, Vietnam and Indonesia.
First Resources’ bidding price for assets in Riau reasonable: RHB - THE EDGE SINGAPORE

Broker's Calls

First Resources’ bidding price for assets in Riau reasonable: analysts

The analysts do not expect to see any earnings contribution from the acquired assets in the next three years.
PhillipCapital, RHB disagree on forecast for banks' upcoming FY2023 results - THE EDGE SINGAPORE

Zest

PhillipCapital, RHB disagree on forecast for banks' upcoming FY2023 results

RHB is staying “neutral”, while PhillipCapital is staying “buy” on all three banks.

Broker's Calls

RHB names Sheng Siong and DFI as top picks in ‘overweight’ retail sector

The analyst sees stronger consumption on the cards with an accelerated GDP growth in 2024.
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