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Home / Capital / Brokers Calls

RHB stays 'overweight' on small-mid caps, picks Food Empire and HRnet among recovery plays

Broker's Calls

RHB stays 'overweight' on small-mid caps, picks Food Empire and HRnet among recovery plays

Atiqah Mokhtar Published on Tue, Mar 30, 2021 / 9:42 AM GMT+8

RHB Group Research analyst Jarick Seet has maintained his ‘overweight’ rating for small-cap and mid-cap Singapore stocks on the back of continued recovery prospects and a strong outlook for the semiconductor sector.

His top picks for small- and mid-cap stocks are Food Empire Holdings and HRnetGroup. Both stocks are rated ‘buy’ with target prices of $1.27 and 72 cents respectively.

SEE:UG Healthcare remains attractive 'buy' even as target price lowered: RHB