CGS-CIMB Research

Broker's Calls

CGS-CIMB starts SBS Transit at 'add' on ridership recovery

CGS-CIMB Research has initiated coverage on SBS Transit with an “add” rating, making it the first brokerage in Singapore to do so.

The valuations for this stock are favourable for long-term investors: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

The valuations for this stock are favourable for long-term investors: CGS-CIMB

CGS-CIMB Research is upgrading its call on Dairy Farm International (DFI) to “add” from “hold” but with a lower target price of US$4.50 from US$4.63 previously, as the stock is “back at palatable v

Broker's Calls

CGS-CIMB ups Frasers Centrepoint Trust's FY21-22 DPU on ARF acquisition, disposal of Bedok Point

CGS-CIMB Research analysts Eing Kar Mei and Lock Mun Yee are positive on Frasers Centrepoint Trust (FCT) following the announcement of its acquiring the remaining 63.1% of PGIM Asia Retail Fund (AR

Broker's Calls

Analysts mixed on Wing Tai Holdings following its 2H20 net loss of $16.8 mil

CGS-CIMB analyst Lock Mun Yee has upgraded Wing Tai Holdings from “hold” to “add” with an increased target price of $1.98, from $1.85 previously.

Broker's Calls

iFAST moving fast and furious in Hong Kong, Malaysia: CGS-CIMB

iFAST Corporation Limited is living up to its name with big, rapid moves, say CGS-CIMB analysts.

Broker's Calls

Penguin likely to be beneficiary when crude oil prices rise

CGS-CIMB Research is keeping its “add” call on Penguin International with a target price of 55 cents, as the company is expected to survive this crisis to see revenues pick-up with crude oil prices

Broker's Calls

CGS-CIMB upgrades Silverlake Axis to 'add' on potential recovery in earnings for FY21

CGS-CIMB analyst Ong Khang Chuen has upgraded his recommendation on Silverlake Axis to “add” from “hold” as he believes the worst is over for the company.

Broker's Calls

CGS-CIMB maintains 'add' on Wilmar following sale of shares by major shareholder

Following the news that one of Wilmar International’s major shareholders, Archer Daniels Midland Co (ADM) has sold some 170.5 million shares at a placement price of $4.40, shares in Wilmar plunged

Broker's Calls

Analysts bullish on PropNex as 1H20 results 'exceeds expectations'

Analysts from CGS-CIMB Research, PhillipCapital, and UOB Kay Hian Research are overall bullish on PropNex following a 160.2% y-o-y surge in the real estate agency’s 1H20 earnings to $14.8 million.

Broker's Calls

Analysts sing the same tune for Singtel following soft 1Q results

Analysts are overall bullish on Singtel despite the telco reporting a 24% y-o-y decline in earnings before interest, taxes, depreciation, and amortisation (EBITDA) to $897 million in its latest 1Q2

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