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Citi Research
Broker's Calls
Analysts mostly keep ‘buy’ calls on MLT as 2QFY2025 results in line with expectations
The analysts' target prices range from $1.45 to $1.75.
October 26, 2024
Broker's Calls
Citi ‘increasingly confident’ of Sats’ earnings recovery; maintains ‘buy’ at raised TP of $4.25
The group’s shares opened on Oct 25 to surge at a one-year high of $4.06 at 9:33 am.
October 25, 2024
Broker's Calls
Broker's Digest: Keppel DC REIT, Parkway Life REIT, PropNex
See what the analysts say this week.
October 25, 2024
Broker's Calls
Citi sees Genting Singapore as ‘defensive shelter in volatile markets’, maintains ‘buy’
Analyst George Choi has also kept his target price of $1.14 unchanged.
October 24, 2024
Broker's Calls
Citi Research has kept 'neutral' on Parkway Life's valuations after acquisition of 11 nursing homes in France
The REIT’s acquisition will be 100% funded by equity fund raising, representing in a “decent” about 2% DPU accretion, says Citi analyst Lee.
October 23, 2024
Broker's Calls
Analysts pleased with KDC REIT’s 3QFY2024 results, see Guangdong DCs as key earnings driver
KDC REIT reported a quarterly DPU of 2.501 cents, bringing its 9MFY2024 to above the consensus estimate at 77% of its full-year forecast.
October 21, 2024
Broker's Calls
Parkway Life REIT ‘outperformed' S-REITs ytd, but need accretive acquisitions to be re-rated: CGSI and Citi analysts
CGSI has reiterated its “add” call with an unchanged TP of $4.91, while Citi kept its “neutral” rating with a TP of $3.61.
October 18, 2024
Broker's Calls
Citi maintains ‘buy’ on ST Engineering at TP of $5.12 on order book growth potential
Citi's Hilado sees the group’s topline momentum driving operational leverage and margin improvement across its core businesses.
October 17, 2024
Broker's Calls
Brokers' Digest: Riverstone, Aztech Global, UOL Group
See what the analysts say this week.
October 11, 2024
Broker's Calls
Citi keeps ‘buy’ and TP of $9.20 on UOL Group, sees ‘surprisingly good take-up’ on Meyer Blue asset
The 50% take-up for UOL’s Meyer Blue has exceeded Citi Research's Brandon Lee's expectations, and its average selling price was in the highest range of three projects around the same area.
October 07, 2024