CGS-CIMB Research

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

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

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

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.

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

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

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.

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

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.

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