Broker's calls

Broker's Calls

Oiltek should explore upgrade to Mainboard, says CGSI

Analyst William Tng has increased his target price on Oiltek to $1.44 as he rolls over valuations based on the sector’s FY2026 average P/E of 18.4 times.

Broker's Calls

CGSI ups Food Empire’s TP to $1.53 with Vietnam ‘likely to shine’ in FY2024 results

Food Empire is expected to release its FY2024 results on Feb 26.
CGSI expects DBS’s 4QFY2024 net profit to be at $2.7 bil; sees quarterly dividend to increase to 60 cents - THE EDGE SINGAPORE

Broker's Calls

CGSI expects DBS’s 4QFY2024 net profit to be at $2.7 bil; sees quarterly dividend to increase to 60 cents

DBS will release its 4QFY2024 and FY2024 results on the morning of Feb 10.

Broker's Calls

UOBKH expects SGX to report higher revenue and adjusted patmi for 1HFY2025 on broad-based outperformance

The brokerage has maintained its “hold” call with an unchanged target price of $11.83. SGX will release its 1HFY2025 results on Feb 6.

Broker's Calls

RHB keeps ‘buy’ call on Marco Polo Marine, raises earnings estimates on higher capacity

Analyst Alfie Yeo has also kept his target price of 8 cents, which represents an upside of 48.1% from the company’s last-closed price of 5.4 cents on Jan 13.

Broker's Calls

CGSI resumes coverage of Food Empire with lower TP of $1.43

Analyst William Tng's valuation basis remains unchanged at 11.2 times FY2025 P/E or 1 standard deviation (s.d.) above its five-year mean from FY2019 to FY2023.

Broker's Calls

Maybank initiates ‘buy’ on Parkway Life REIT, calling it ‘expensive but defensive’

Analyst Krishna Guha has given it a target price of $4.10 representing a 12% upside.

Broker's Calls

UOB Kay Hian ups Digital Core REIT’s TP to 99 US cents, says positive developments were ‘overlooked’

Analyst Jonathan Koh expects a downtown of six months for Linton Hall Road and a new tenant to start contributing in 1Q2026.
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