brokers calls

Broker's Calls

CGSI sees revenue potential in ISOTeam with integration of BuildTech in unrated report

Currently, ISOTeam trades at 5.8 times 12 months forward P/E, against its five-year historical average P/E of 7.3 times.

Broker's Calls

Grab’s risk-reward fairly balanced at current levels, HSBC downgrades to ‘hold’ with higher TP of US$5.50

HSBC Global Research analysts Piyush Choudhary and Rishabh Dhancholia have raised their target price to US$5.50 from US$4.25 previously.

Broker's Calls

Potential special dividends from SingPost adds to Singtel’s capital return arsenal, Maybank keeps ‘buy’

SingPost, which Singtel owns 22% of, announced the divestment of Australia business at an EV of around A$1 billion.

Broker's Calls

PhillipCapital and CGS International maintain ‘buy’ on Lendlease Global Commercial REIT, TP unchanged

PhillipCapital and CGSI have kept their target prices unchanged at 80 cents and 71 cents, respectively.

Broker's Calls

CGS International maintains ‘add’ call on ESR-LOGOS REIT on positive FY2025 guidance

The REIT’s 9MFY2024 revenue and NPI were below expectations at 71% of the brokerage’s forecasts.

Broker's Calls

Analysts mostly maintain their ‘buy’ calls on Mapletree Industrial Trust after 2QFY2025 results

The REIT continued to generate steady DPU growth of 1.5% during the quarter.
CGSI downgrades Aztech Global to ‘reduce’ from ‘add’ at lowered TP of 78 cents - THE EDGE SINGAPORE

Broker's Calls

CGSI downgrades Aztech Global to ‘reduce’ from ‘add’ at lowered TP of 78 cents

Aztech's order book for completion in 4QFY2024 stands at $142 million, to which the CGSI analyst notes is at its lowest level since 4QFY2020.

Broker's Calls

Analysts remain neutral on Suntec REIT after results met expectations despite 3QFY2024 DPU slip

Maybank upgraded its TP to $1.25, while CGSI and OIR have kept their TPs unchanged at $1.38 and $1.19.
Maybank, CGS International and OCBC have maintained their “buy” calls on Frasers Centrepoint Trust - THE EDGE SINGAPORE

Broker's Calls

Maybank, CGS International and OCBC have maintained their ‘buy’ calls on Frasers Centrepoint Trust

This comes following FCT’s 2HFY2024 announcement released on Oct 25.
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