Citi Research

Broker's Calls

Analysts mostly keep estimates on UOB after 2QFY2024 core net profit stood within expectations

Analysts have all kept their "buy", "hold" and "sell" calls after UOB's 2QFY2024 results.
Analysts positive on ST Engineering’s 1HFY2024 and strong order book - THE EDGE SINGAPORE

Broker's Calls

Analysts positive on ST Engineering’s 1HFY2024 and strong order book

The analysts also see strength in the aviation sector’s outlook.
Analysts lower TP on LREIT following weaker FY2024 DPU - THE EDGE SINGAPORE

Broker's Calls

Analysts lower TP on LREIT following weaker FY2024 DPU

The decrease in LREIT's FY2024 DPU mainly stemmed from higher-than-forecasted interest expense.

Broker's Calls

Analysts up Yangzijiang Shipbuilding’s TP after 1HFY2024 earnings beat estimates

DBS and Citi's target prices were raised to $2.88 and $3.14 respectively.
Citi keeps ‘buy’ on UOL after Stamford Court divestment - THE EDGE SINGAPORE

Broker's Calls

Citi keeps ‘buy’ on UOL after Stamford Court divestment

Based on Citi Research analyst Brandon Lee's estimates, the sale should add around 0.1% to UOL's RNAV.

Broker's Calls

Analysts react to DBS’s appointment of its next group CEO, 2QFY2024 results

The analysts' target prices range from $31.90 to $41.40.

Broker's Calls

Citi upgrades Jardine Matheson to ‘buy’ from ‘neutral’ on stable cash flow and balance sheet

Citi Research's Choi and Cheung note that Jardine is trading at a 35% discount to its NAV as at its Aug 2 US$35.45 share price.
Analysts keep ‘buy’ or ‘add’ on Sembcorp Industries, bullish on renewable energy segment - THE EDGE SINGAPORE

Broker's Calls

Analysts keep ‘buy’ or ‘add’ on Sembcorp Industries, bullish on renewable energy segment

Analysts at DBS, CGSI and Citi have kept their 'buy' or 'add' calls on Sembcorp at unchanged or raised target prices.

Banking & finance

DBS shares fall 1.56% today, down 10% month-to-date, ahead of 1HFY2024 results

DBS will release its 1HFY2024 earnings during the midday break on Aug 7, and not after trading hours as previously announced.
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