broker's calls

Broker's Calls

CGS-CIMB upgrades Jardine Matheson despite lower-than-expected underlying net profit

Despite Jardine Matheson’s 1H20 underlying net profit of US$373 million ($512.6 million) coming in below expectations at 24% of CGS-CIMB’s full-year estimate, CGS-CIMB analyst William Tng has upgra

Broker's Calls

Analysts reduce Keppel Corp’s target price on 1H20 impairment

DBS Group Research, CGS-CIMB Research, and OCBC Investment Research have maintained Keppel Corporation (Keppel Corp) at “buy”, although all three brokerages have reduced the group’s target price du

Broker's Calls

Analysts mixed on CDL Hospitality Trusts due to outlook

Analysts from CGS-CIMB Research, DBS Group Research, and Maybank Kim Eng are mixed on CDL Hospitality Trusts (CDLHT) following its results on July 29.

Broker's Calls

DBS slashes SIA’s TP, says strengthened balance sheet could help 'weather the storm'

DBS Group Research analyst Paul Yong has maintained his “hold” call on Singapore Airlines (SIA) with a significantly reduced target price of $3.75 from $6.60 previously.

Broker's Calls

Analysts mixed on Frasers Centrepoint Trust on suburban shopper footfall, lower occupancies

Frasers Centrepoint Trust (FCT)’s operational update on July 20 reported a dip in 1.5 percentage points q-o-q to 94.6% for 3Q20, led by Bedok Point (at -3.7 percentage points q-o-q), and YewTee Poi

Broker's Calls

Aims APAC REIT still a 'buy' despite DPU and revenue decline: DBS

DBS Group Research analysts Dale Lai and Derek Tan have maintained their “buy” recommendation with an unchanged target price of $1.40 for Aims APAC REIT (AA REIT) despite the REIT’s 1Q21 earnings c

Broker's Calls

Keppel Infra Trust deemed a promising counter for defying Covid-19 woes

DBS Group Research is maintaining its “buy” call on Keppel Infrastructure Trust (KIT) at a revised target price of 57 cents.

Broker's Calls

Analysts raise target prices on Keppel DC REIT; maintain 'hold' calls

SINGAPORE (July 22): Analysts from CGS-CIMB, DBS Group Research, OCBC, and PhillipCapital have raised their target prices on Keppel DC REIT, due to met expectations on its 1H20 results.

Broker's Calls

Analysts mostly positive on Keppel REIT on 'steady' 2Q20 results

SINGAPORE (July 21): Keppel REIT’s 2Q20 and 1H20 distribution per unit (DPU) came within expectations of their FY20F estimates, according to analysts from DBS Group Research, CGS-CIMB, and RHB.

Broker's Calls

Yanlord Land ‘red hot’, set to outperform sales target with strong summer sales: KGI

SINGAPORE (Jul 17): Chinese real estate developer Yanlord Land Group Limited is “red hot”, and if its pre-sale figures are anything to go by, the company is on its way to exceeding a RMB 70 billion

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