UOB Kay Hian (UOBKH)

Broker's Calls

Rising cost of living has UOBKH keeping its 'buy' call on Sheng Siong Group, after 1QFY2024 results meet expectations

The group’s revenue and earnings of $376m and $36m come from higher comparable same-store sales in Singapore and China.
UOB Kay Hian upgrades Riverstone to ‘buy’ with higher TP of 82 cents - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian upgrades Riverstone to ‘buy’ with higher TP of 82 cents

The upgrade comes as UOB Kay Hian sees that the recovery in the semiconductor industry will benefit the cleanroom glove segment.

Broker's Calls

UOB Kay Hian keeps ‘hold’ call on SIA at unchanged target price following December operational update

SIA’s passenger data for December was in line although cargo data was a “slight miss”.
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

UOB Kay Hian keeps ‘buy’ on CDG at lowered target price of $1.66

UOB Kay Hian has lowered its target price on ComfortDelgGro following changes made in the new year.

Broker's Calls

UOB Kay Hian keeps ‘overweight’ rating on ‘defensive’ S-REITs; blue chip S-REITs preferred

CDLHT, CLAS, KORE, KREIT, LREIT and MINT were named as top picks.
Analysts like ThaiBev’s prospects after Thai government approved tax cuts on alcoholic beverages - THE EDGE SINGAPORE

Broker's Calls

Analysts like ThaiBev’s prospects after Thai government approved tax cuts on alcoholic beverages

Analysts have kept their target price estimates, which range from 56 cents to 72 cents.

Broker's Calls

UOB Kay Hian downgrades Singapore banking sector to ‘market weight’ amid anticipated interest rate downcycle

OCBC is analyst Jonathan Koh’s top pick due to its commitment to maintaining its 50% dividend payout ratio.

Broker's Calls

UOBKH lowers China Sunsine Chemical’s TP to 46 cents with lowered earnings expectations

The analysts have lowered their gross margin assumptions, which led to lower earnings expectations as well.
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