CGS-CIMB Research

Broker's Calls

Analysts raise Pan-United’s TPs after 2HFY2023’s ‘solid showing’

The analysts' target prices for Pan-United now range from 55 cents to 64 cents.

Broker's Calls

Silverlake Axis's quality of earnings improving, analysts maintain 'buy' with lower TPs

The company’s overall GPM may start trending towards a new lower run rate.

Broker's Calls

With gearing at a low 31.3%, 'buy' Far East Hospitality Trust ahead of likely Japan acquisitions, Taylor Swift concerts

FEHT proposed on Feb 14 a distribution to stapled securityholders (DPS) of 4.09 cents for FY2023, 25.1% higher y-o-y.
CGS-CIMB downgrades ThaiBev to ‘hold’ with lower TP of 50 cents - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB downgrades ThaiBev to ‘hold’ with lower TP of 50 cents due to disappointing beer sales

At its current share price, ThaiBev’s valuations are undemanding at -1.5 s.d. versus its historical average P/E since its listing.
OCBC Investment Research keeps 'buy' on SingPost with unchanged TP of 55.5 cents, says business environment challenging - THE EDGE SINGAPORE

Broker's Calls

UOBKH and CGS-CIMB lower TP for SingPost, but OIR keeps it unchanged following 3QFY2024 results

All analysts from the brokerages however, are positive on the stock, with “buy” and “add” calls maintained.
StarHub shares surge following earning and dividend beat, upgrade by CGS-CIMB (update) - THE EDGE SINGAPORE

Broker's Calls

StarHub shares surge following earning and dividend beat, upgrade by CGS-CIMB (update)

CGS-CIMB analysts estimate StarHub shares to give a yield of 7% for FY2024
Citi and RHB upgrade DBS to ‘buy’; other analysts remain positive - THE EDGE SINGAPORE

Broker's Calls

Citi and RHB upgrade DBS to ‘buy’; other analysts remain positive

The analysts' target prices range from $34.40 to $39.20.

Broker's Calls

Netlink's 3QFY2024 results in line with expectations, analysts keep “buy”

Netlink has sufficient debt headroom to drive its acquisition ambition without compromising on cash flow and dividends.
Analysts positive on Keppel after strong FY2023 results although PhillipCapital downgrades on share price gains - THE EDGE SINGAPORE

Broker's Calls

Analysts positive on Keppel after strong FY2023 results although PhillipCapital downgrades on share price gains

CGS-CIMB, DBS, UOBKH have kept their “add” and “buy” calls while PhillipCapital downgraded its call to “accumulate”.
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