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Citi Research
Singapore economy
OCBC and Oxford Economics lower 2025 GDP forecast on high base; some analysts expect monetary easing to happen this year
The analysts' 2025 GDP forecasts range from 2.2% to 3.6% on a y-o-y basis.
15 days ago
Broker's Calls
Brokers’ Digest: CDL, PropNex, PLife REIT, KIT, SingPost, Grand Banks Yachts, Nio, Frencken, ST Engineering, UOB
Here's what the analysts have to say about these counters this week.
November 28, 2024
Broker's Calls
CDL’s ‘strong sell-through rate’ proof of improving residential demand: analysts
CDL’s shares are down 21.5% year to date. Citi Research’s target price is 83% above its current share price.
November 26, 2024
Broker's Calls
Citi remains ‘neutral’ on DBS after Gautam Adani charged with bribery and fraud in the US
As per DBS’s 4QFY2022 ended Dec 31, DBS has a $1.3 billion exposure to Adani Group.
November 21, 2024
Broker's Calls
Citi maintains ‘buy’ on Keppel DC REIT after acquisition of two data centres in Genting Lane
Analyst Brandon Lee has maintained his target price at $2.29.
November 20, 2024
Broker's Calls
Analysts mixed on ST Engineering’s prospects; Maybank downgrades to ‘hold’
The analysts' target prices range from $4.70 to $5.32.
November 19, 2024
Broker's Calls
Analysts bearish on Venture Corp in the near term, Citi downgrades to ‘neutral’
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.
November 11, 2024
Broker's Calls
Citi upgrades DBS to ‘neutral’; keeps UOB’s ‘sell’ call after 3QFY2024 results (update)
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.
November 09, 2024
Broker's Calls
Analysts see Netlink NBN Trust to benefit from interest rate cycle turns, Citi raises TP to $1.03
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.
November 06, 2024
Broker's Calls
PhillipCapital and RHB increase Sheng Siong’s TPs and estimates after 3QFY2024 results
Citi Research has kept its "buy" call and target price unchanged.
November 02, 2024