upgrade

SINGAPORE (Dec 14): OCBC Investment Research is upgrading its call on DBS Group to “buy” with a higher fair value estimate of $27.40 based on 1.4 times FY18E book while projecting for the group’s earnings to rise 25% in FY18.

SINGAPORE (Dec 7): OCBC Investment Research is upgrading its call on Roxy-Pacific to “buy” from “hold” while raising its fair value on the stock to 60 cents from 52 cents previously.

SINGAPORE (Nov 20): DBS is forecasting for Singapore’s 3Q17 gross domestic product (GDP) growth to be raised to 5.1% and 8.5% on a y-o-y and q-o-q seasonally annually adjusted rate (saar), respectively – up from the Ministry of Trade and Industry’s

SINGAPORE (Nov 9): DBS Vickers Securities has upgraded its view on Singapore O&G (SOG) to “neutral” from “fully valued” while raising its target price on the healthcare stock to 52 cents from 41 cents previously, which is pegged to 25 times P/E on

SINGAPORE (Sept 29): Maybank Kim Eng is upgrading its call on land transport operator ComfortDelgro (CDG) to “buy” from “hold” while raising its price target on the stock to from $2.25 to $2.40, which implies 16.3 times FY18E earnings per share (E

SINGAPORE (Sept 21): OCBC Investment Research is upgrading its call on Singapore Press Holdings (SPH) to “buy” from “hold” previously on valuation grounds, with an unchanged fair value estimate of $3.25.

SINGAPORE (Sept 18): CIMB Research is upgrading its call on Raffles Medical Group (RMG) to “add” from “reduce” with a lower price target of $1.21 from $1.25 previously on the belief that the stock is looking attractive to gain exposure to the grow

SINGAPORE (Sept 14): OCBC has upgraded its rating on DBS Group to “buy” from “hold” with an unchanged fair value estimate of $22.50 due to the recent drop in its share price. 

SINGAPORE (Aug 23): OCBC Investment Research is upgrading Sembcorp Industries (SCI) to “buy” from “hold” with an estimated fair value of $3.43.

SINGAPORE (May 30): Maybank Kim Eng Research is turning positive on Singapore’s property developers with expectations of a potential rebound in property prices, even without further policy easing.