finance companies (fincos)

Broker's Calls

Hong Leong Finance kept at ‘buy’ on new opportunities; M&A potential

SINGAPORE (Aug 10): DBS is maintaining its “buy” on Hong Leong Finance with $3.20 target price given further relaxation of funding and lending rules, as well as M&A newsflow are potential catalysts for stock price re-rating.

Broker's Calls

Singapore’s finance rule easing serves up new opportunities to Hong Leong Finance

SINGAPORE (April 28): DBS Vickers Securities is maintaining its “buy” call on Hong Leong Finance with an unchanged target price of $3.20, after the financial company (finco) on Thursday announced a 13.2% on-year growth in 1Q earnings to $16.5 million.

Broker's Calls

Why DBS is starting this finco with a ‘buy’

SINGAPORE (April 5): DBS is starting coverage on Hong Leong Finance with a “buy” and target price of $3.20 on possibility of an M&A while new opportunities abound.