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DBS Group Research
Singapore economy
Analysts mostly keep NODX forecast after May numbers
Singapore’s NODX dipped by 0.1% in May, marking the mildest decline in 20 months.
June 19, 2024
Broker's Calls
Citi cuts Seatrium’s adjusted profit forecasts, lowers TP to $1.96 after new investigations into Operation Car Wash
DBS Group Research expects shares in Seatrium to react negatively to the news; sees near-term support at $1.58.
June 18, 2024
Broker's Calls
Brokers’ Digest: Sats, OUE REIT, Sembcorp, Valuetronics, Singtel, MPACT, Q&M, KDC REIT, Japan Foods, Boustead, Delfi
See what the analysts have to say this week.
June 07, 2024
Broker's Calls
Analysts keep estimates after MPACT announces plans to divest Mapletree Anson
DBS and Citi have kept their "buy" calls with TPs of $1.75 and $1.72. Maybank has kept its "hold" call with a TP of $1.30.
June 03, 2024
Broker's Calls
Possible swap out of KDC REIT’s Guangdong data centre for 23% stake in Keppel’s Genting Lane data centre a win-win: DBS
The DBS analysts have kept their “buy” calls on Keppel and KDC REIT with target prices of $9 and $2.20 respectively.
June 02, 2024
Broker's Calls
Brokers’ Digest: Singtel, Prime US REIT, CDL, LHN, Hongkong Land, Fu Yu Corp, Sheng Siong, Cromwell European REIT
See what the analysts have to say this week.
May 31, 2024
Broker's Calls
Delfi to face some ‘bitterness’ ahead, analysts keep ‘hold’
DBS analysts have lowered their target price to 96 cents from $1.63 previously.
May 31, 2024
Offshore & Marine
O&M stocks fly the flag following multibillion-dollar contract wins
Singapore-listed O&M stocks surged this past week, driven by strong orders for Seatrium and Yangzijiang Shipbuilding.
May 30, 2024
Broker's Calls
DBS maintains ‘hold’ on Elite UK REIT with lower TP of 25 pence after site visit
DBS maintains ‘hold’ call on Elite UK REIT with lower TP of 25 pence after site visit
May 29, 2024
Broker's Calls
Analysts keep ‘buy’ on Netlink NBN Trust despite FY2024 results' slight miss
Overall revenue is expected to be flattish in FY2025 followed by low single growth in FY2026 due to price revisions.
May 20, 2024