Citi Research

Citi downgrades DBS, OCBC, UOB to ‘sell’ as first signs of US contraction emerge - THE EDGE SINGAPORE

Broker's Calls

Citi downgrades DBS, OCBC, UOB to ‘sell’ as first signs of US contraction emerge

Citi Research says investors should “unwind their overweight positions”.
OCBC’s ‘stable’ NPL ‘eased some concerns’ about S’pore banks’ CRE exposure: Citi - THE EDGE SINGAPORE

Broker's Calls

OCBC’s ‘stable’ NPL ‘eased some concerns’ about S’pore banks’ CRE exposure: Citi

Compared to the two other major Singapore banks, OCBC’s exposure in Hong Kong office CRE is the highest.
Analysts bearish on SIA in the near-term, CGS International downgrades to ‘reduce’ - THE EDGE SINGAPORE

Broker's Calls

Analysts bearish on SIA in the near-term, CGS International downgrades to ‘reduce’

The analysts see multiple challenges for SIA in the near-term, such as declining passenger yields and increased competition.

Broker's Calls

Citi keeps ‘buy’ on FLCT, highlights partial back-filling of Google’s space and strong L&I rent reversions

FLCT’s commercial occupancy improvement reverses three consecutive quarters of declines.

Broker's Calls

Analysts mostly positive on Parkway Life REIT after DPU growth in 1HFY2024

CGSI, DBS and OCBC have kept their "buy" calls while Citi has kept its "neutral" call on the REIT.
Analysts keep ‘buy’ on CLAS, expect REIT’s France assets to benefit from Paris Olympics - THE EDGE SINGAPORE

Broker's Calls

Analysts keep ‘buy’ on CLAS, expect REIT’s France assets to benefit from Paris Olympics

DBS and OCBC lower target price and fair value on the upcoming reset in coupon rates.

Broker's Calls

Strength in Singapore's data centre colocation market has analysts positive on Keppel DC REIT

Citi and DBS both keep “buy” calls with target prices of $1.91 and $2.20 respectively.

Broker's Calls

Brokers' Digest: UOB, Dyna-Mac, Sheng Siong, ST Engineering

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

Broker's Calls

Citi maintains ‘buy’ call on FCT after 3QFY2024 business update

The REIT’s 3QFY2024 rental reversion is currently on track and on the same trajectory as 1HFY2024, which saw an increase of 7.5%.
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