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broker's reports
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.
14 hours ago
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.
14 hours ago
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.
3 days ago
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.
8 days ago
Broker's Calls
Maybank increases 2025 STI target to 4,020 points
According to Bloomberg data, the benchmark index closed at an all-time high of 3,886.98 points on Jan 8, 1.54% higher than the previous day’s close.
9 days ago
Broker's Calls
CGSI initiates ‘add’ call on Oiltek with TP of $1.32
Analyst William Tng sees several upsides to Oiltek including a strong order book and its asset-light business.
12 days ago
Broker's Calls
Citi keeps ‘buy’ on UOL after Stamford Court divestment
Based on Citi Research analyst Brandon Lee's estimates, the sale should add around 0.1% to UOL's RNAV.
August 13, 2024
Broker's Calls
Analysts mostly raise SGX’s target price estimates after FY2024 results
The analysts' target prices range from $10.20 to $10.80.
August 12, 2024
Broker's Calls
RHB upgrades Venture Corp to ‘buy’ as it anticipates recovery moving into FY2025
"We think Venture Corp is seeing the tail-end of its customers’ destocking phase," says analyst Alfie Yeo.
July 25, 2024
Broker's Calls
Analysts weigh in on Singtel after restructuring of Intouch Holdings
All the analysts here have kept their "add" and "buy" calls.
July 18, 2024