RHB Group Research

'A sigh of relief' as Suntec REIT closes FY2022, but outlook stays challenging: analysts - THE EDGE SINGAPORE

Broker's Calls

'A sigh of relief' as Suntec REIT closes FY2022, but outlook stays challenging: analysts

Despite a strong finish for FY2022, Suntec REIT faces a challenging outlook ahead, say analysts.

Singapore economy

Analysts anticipate further slowdown of NODX in 1H2023 after underperformance in 2H2022, divided on full-year forecasts

Analysts expect a slowdown in NODX for the first half of the year after December's NODX slumped for a fifth straight month.

Broker's Calls

RHB maintains 'buy’ on OCBC Bank amid expectations of a stable 4QFY2022

The RHB analysts expect the bank to post a net profit of $1.55 billion for the quarter, down an estimated 3.5% q-o-q.

Broker's Calls

ST Engineering to benefit from Chinese aviation traffic recovery, RHB maintains 'buy'

RHB is still positive on ST Engineering’s growth outlook and steady dividends.

Singapore economy

Can Singapore stay a safe haven this year?

With the Lunar New Year now approaching, analysts are busy forecasting what the rest of the year will be like for stocks.
RHB maintains 'neutral' call on SGX citing declining margins and unexciting yield - THE EDGE SINGAPORE

Broker's Calls

RHB maintains 'neutral' call on SGX citing declining margins and unexciting yield

Analyst Shekhar Jaiswal has maintained his “neutral” call on Singapore Exchange (SGX) with a TP of $9.30.

Broker's Calls

Analysts like ComfortDelGro's 'undemanding valuation' while lowering TPs

Analysts from RHB and Citi have lowered their TPs to $1.65 and $1.63 respectively.

Broker's Calls

Palm oil price has room to recover in 2023; Indonesia’s policies to continue playing a big role

The limited room for output expansion will prevent major price reversal.
RHB downgrades Suntec REIT to 'neutral' with lower TP of $1.47 - THE EDGE SINGAPORE

Broker's Calls

RHB downgrades Suntec REIT to 'neutral' with lower TP of $1.47

Suntec REIT's office portfolio could be impacted by the slowdown in the technology sector, notes RHB analyst Vijay Natarajan.

Broker's Calls

RHB keeps 'overweight' rating on Singapore banks; sees overall earnings to improve by 20% y-o-y in FY2023

Among the banks, RHB prefers DBS for its higher NIM sensitivity to interest rate changes, and OCBC, given its cheaper valuation.
×