Citi Investment Research

Analysts keep ‘buy’ calls on FEHT following release of 1HFY2024 results - THE EDGE SINGAPORE

Broker's Calls

Analysts keep ‘buy’ calls on FEHT following release of 1HFY2024 results

Both Citi Research and DBS have left their target prices unchanged at 73 cents and 78 cents respectively.

Broker's Calls

Analysts mixed on Sheng Siong following release of 1HFY2024 results

Citi and RHB have maintained their “buy” calls, while CGSI and DBS have maintained their “add” and “hold” calls respectively.

Broker's Calls

Analysts remain positive on MLT despite China headwinds

Citi Research views this development as one that “cannot be ignored”.

Broker's Calls

Citi lowers Sea’s TP to US$80 as it sees competition to intensify in 2H2024

Sea is expected to report its 2QFY2024 results around mid August.
Citi upgrades Sheng Siong to ‘buy’ with increased TP of $1.68 following ‘quality’ wins and resilient inflation  - THE EDGE SINGAPORE

Broker's Calls

Citi upgrades Sheng Siong to ‘buy’ with increased TP of $1.68 following ‘quality’ wins and resilient inflation

At its current share price levels, the analyst sees this as a “good time” to accumulate shares in Sheng Siong.

Broker's Calls

Analysts maintain ‘buy’ calls on SATS after FY2024 results

Analysts maintain ‘buy’ calls on SATS after FY2024 results
Analysts continue to like Yangzijiang Shipbuilding following positive order book momentum - THE EDGE SINGAPORE

Broker's Calls

Analysts continue to like Yangzijiang Shipbuilding following positive order book momentum

Analysts continue to like Yangzijiang Shipbuilding following positive order book momentum
Citi positive on Sea following upbeat business prospects - THE EDGE SINGAPORE

Broker's Calls

Citi positive on Sea following upbeat business prospects

The analysts see upside risk to share price and estimates if the landscape further stabilises with earlier-than-expected breakeven

Singapore economy

Analysts keep earlier growth projections despite official narrowing of GDP growth range

Singapore narrowed its full-year GDP growth projection range to 0.5% to 1.5%, down from its previous estimate of 0.5% to 2.5%.
CGS-CIMB and Citi analysts lower TPs but stay positive on Venture Corp’s long-term thesis - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB and Citi analysts lower TPs but stay positive on Venture Corp’s long-term thesis

William Tng of CGS-CIMB and Jame Osman of Citi have lowered their TPs to $16.80 and $17.60, down from $18.11 and $19.00.
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