Citi Research

Here's what the analysts have to say about these counters this week.

CDL’s shares are down 21.5% year to date. Citi Research’s target price is 83% above its current share price.

As per DBS’s 4QFY2022 ended Dec 31, DBS has a $1.3 billion exposure to Adani Group.

Analyst Brandon Lee has maintained his target price at $2.29.

The analysts' target prices range from $4.70 to $5.32.

The analyst at Citi Research has downgraded his call from “buy” to “neutral” at a reduced target price of $14 from $15.70 previously, citing earnings pressures from softer product sales.

Even though Citi has not made any changes to UOB's call and target price, analyst Tan Yong Hong notes that UOB could be the next capital management play among Singapore banks.

Maybank's Saifee notes that the stock has 71% negative correlation to the 10-year US bond yield while its 6% dividend yield remains highly visible and stable.

Citi Research has kept its "buy" call and target price unchanged.

PhillipCapital's Paul Chew believes Keppel's 3QFY2024 net profit fell due to lower real estate earnings while Citi's Brandon Lee attributes the decline to a lack of valuation and divestment gains.