brokers' calls

PhillipCapital initiates ‘buy’ on Zixin Group with TP of 5 cents - THE EDGE SINGAPORE

Broker's Calls

PhillipCapital initiates ‘buy’ on Zixin Group with TP of 5 cents

Analysts Liu Miaomiao and Paul Chew expect Zixin to double its production capacity in FY2025.

Broker's Calls

OCBC downgrades SIA to ‘hold’ with unchanged FV of $6.84 on ‘less attractive’ risk-reward

sSnce Aug 5, SIA’s share price has retraced 10.8%, after correcting close to 15% ex-dividend in its post-1QFY2025 update.

Broker's Calls

Analysts increase their target price on SGX following August update

The analysts have upgraded their estimates on SGX following a sharp increase in SDAV, which reached a two-year high.

Broker's Calls

UOB downgrades BRC Asia to 'hold' but expects strong finish to FY2024

Analysts Llelleythan Tan and Heidi Mo have also lowered their target price estimate to $2.29 from $2.42 previously.

Broker's Calls

MPACT is among the ‘top beneficiaries’ of interest rate cuts, says DBS

The brokerage has kept its “buy” call and target price of $1.75.

Broker's Calls

RHB upgrades estimates on SGX following strong securities data but remains 'neutral'

RHB’s Shekhar Jaiswal has increased his target price on the exchange after its August securities turnover data.
Cromwell European REIT's high-quality assets and diversified tenant mix a factor for OCBC initiating 'buy' - THE EDGE SINGAPORE

Broker's Calls

Cromwell European REIT's high-quality assets and diversified tenant mix a factor for OCBC initiating 'buy'

The brokerage has given the REIT a fair value estimate of EUR1.87.

Broker's Calls

Citi unchanged on SIA, keeps ‘neutral’ and TP of $6.76 following approved Air India merger

Upsides to SIA’s minority stake in Virgin Australia include dividend income and reduced traffic competition in Australia.
Sale of Jem office may lower gearing to 35%, CGSI lowers LREIT’s TP of 71 cents - THE EDGE SINGAPORE

Broker's Calls

Sale of Jem office may lower gearing to 35%; CGSI lowers LREIT’s TP of 71 cents

CGSI's Ong and Lock believe that LREIT is trading at an attractive FY2025 DPU yield of 6.6%.

Broker's Calls

PhillipCapital upgrades Sats to ‘buy’ at raised TP of $4.37 on successful contract repricing

For the FY2024, 17.3% or $892.9 million of Sats’ total revenue came from SIA.
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