Broker's calls

Broker's Calls

Analysts mixed on Manulife US REIT after divestment of Capitol; RHB downgrades to ‘neutral’

RHB and CGSI have kept their target prices unchanged at 12 US cents and 22 US cents respectively.

Broker's Calls

UOB Kay Hian lowers Tiong Woon’s TP to 87 cents after FY2024 results miss expectations

Tiong Woon's FY2024 earnings stood at 86% of UOB Kay Hian's full-year estimates.
Paragon REIT could be acquired within CLI’s ecosystem of fund partners or other consortium partners: DBS - THE EDGE SINGAPORE

Broker's Calls

Paragon REIT could be acquired within CLI’s ecosystem of fund partners or other consortium partners: DBS

Even though the market expects Paragon REIT to be acquired by CICT, the analysts see that the capital allocated for ION could mean that Paragon's suitor could be elsewhere.

Broker's Calls

UOB’s share price will see support from ‘compelling’ yield, says OCBC Investment Research

OCBC Investment Research strategist Carmen Lee has kept her “hold” call with an unchanged fair value estimate of $33.50.
Yonghui divestment may see one-off loss of around US$130 mil but move will benefit DFI in the longer term: analysts - THE EDGE SINGAPORE

Broker's Calls

Yonghui divestment may see one-off loss of around US$130 mil but move will benefit DFI in the longer term: analysts

DBS and Citi have kept their "buy" calls with unchanged target prices of US$2.30 and US$2.67 respectively.

Broker's Calls

OCBC downgrades Suntec REIT to ‘sell’ with higher TP of $1.19

Suntec REIT historically traded at a 10Y average forward distribution yield of 5.7%, based on the team's estimates.

Broker's Calls

Maybank maintains ‘buy’ on Sembcorp, raises TP to $6

Sembcorp remains a key beneficiary of the shift to clean energy in the medium term.

Broker's Calls

Brokers’ Digest: Hyphens Pharma International, MPACT, SGX Group

See what the analysts have to say this week.
Citi downgrades CICT to ‘neutral’ with higher TP of $2.21 - THE EDGE SINGAPORE

Broker's Calls

Citi downgrades CICT to ‘neutral’ with higher TP of $2.21

The downgrade comes as it sees limited DPU upside for ION Orchard and stretched valuations.

Broker's Calls

Stable operations at Coliwoo, Maybank maintains ‘buy’ on LHN

Coliwoo is supported by incremental demand from more tourists and summer-holiday makers.
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