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RHB Group Research
Broker's Calls
RHB downgrades S-REITs to ‘neutral’ as rate volatility takes hold; DBS says ‘be watchful’ of office sector
Maybank keeps its ‘neutral’ call and top picks following the US bank failures.
March 17, 2023
Broker's Calls
Mirae's potential bid for MUST will address key challenges faced by REIT: RHB
RHB has kept its 'buy' call and target price of 43 US cents on the REIT.
March 17, 2023
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.
March 16, 2023
Broker's Calls
RHB lifts Food Empire's TP to $1.39 as its earnings outlook remains firm
The new target price is based on Food Empire’s FY2023 P/E of 10x.
March 16, 2023
Broker's Calls
RHB sees compelling valuations and strong yields in ComfortDelGro
RHB likes ComfortDelGro as a reopening play, while its compelling valuations and high yields keep it a 'buy'.
March 16, 2023
Broker's Calls
RHB sees fee income to be 'key earnings driver' in FY2023.
Among the three banks, DBS and OCBC are the RHB team's top picks.
March 13, 2023
Broker's Calls
'Buy' Wilmar and Golden Agri on better performance in lower CPO price environment: RHB
RHB expects a q-o-q decline in sector earnings in 1QFY2023 due to lower CPO ASPs and lower production in the off-peak season.
March 13, 2023
Broker's Calls
RHB keeps 'buy' on Japan Foods on strong dividend yield and compelling valuation
Moving forward, Japan Foods should deliver strong topline growth on the back of an increase in dine-in customers.
March 10, 2023
Broker's Calls
Citi, RHB maintain 'neutral' on DFI, increase TPs to US$3.16 and US$3.09
DBS has reiterated its ‘buy’ call with a lower TP of US$3.80 from US$3.90 previously.
March 07, 2023
Broker's Calls
Analysts mixed on IREIT Global amid slow leasing momentum
The lack of leasing progress is due to a combination of weak economic outlook and higher supply in the locality.
March 07, 2023