China Aviation Oil

RHB Research has upgraded China Aviation Oil to “buy” from “neutral”, citing a recovery in domestic traffic in China.

Here are three stocks to watch for the week: Wilmar international, Venture Corporation and China Aviation Oil.

SINGAPORE (Mar 27): RHB Research is upgrading its call on China Aviation Oil (CAO) to “buy” from “hold”, while raising its target price on the stock by 10 cents to $1.60 to suggest 26% upside plus 3.6% yield.

SINGAPORE (Dec 21): DBS has a “neutral” rating on Singapore’s transport sector in 2019, with hopes that a better-than-expected economic growth and activity globally would help improve demand volume and pricing for the transport sector.

SINGAPORE (June 9): Six S-chips on the uptrend are coming under short-term pressure given certain H-shares in Hong Kong have become the focus of attacks by short sellers of late.

SINGAPORE (April 20): Here are some stocks that could move the market this Thursday morning.

SINGAPORE (March 17): Rising interest rates on the back of US Fed rate hikes should favour banks, property developers, and stocks with yield backed by net cash, says DBS Group Research.

SINGAPORE (Jan 17): CIMB has initiated coverage for China Aviation Oil with an “add” recommendation, as the group is believed to be the best proxy to China’s growing international air travel.

SINGAPORE (Dec 20): DBS is recommending the transport-related sector for its defensive and resilient nature plus strong balance sheet to weather the continuing uncertainty.

SINGAPORE (Dec 13): DBS Group Research is sticking to its top stock picks for small- and mid-cap companies, even as the research house’s conviction picks closed 3.2% lower on average in Nov.