DBS Group Research

Broker's Calls

Analysts keep ‘hold’ on SIA following FY2024 results

Performance is decent but moderating, and SIA’s best days are likely behind it for now, say analysts from DBS, OCBC and UOBKH.

Broker's Calls

Grab delivered another solid quarter, analysts keep ‘buy’

DBS is raising its target price for Grab to US$4.50 from US$4.08 previously.
SIA chalks up another record year, but further gains will be tougher - THE EDGE SINGAPORE

Sector Focus

SIA chalks up another record year, but further gains will be tougher

Increased pressure awaits SIA following the flag carrier's record earnings of $2.4 billion for the FY2023/2024 ended March.
‘Not cheap’, ‘no value’ but market excited: OCBC’s GEH bid divides analysts - THE EDGE SINGAPORE

Banking & finance

‘Not cheap’, ‘no value’ but market excited: OCBC’s GEH bid divides analysts

“We are unclear of incremental synergies that could accrue by acquiring the 11.56% of GEH that OCBC does not already own.”
Analysts keep 'buy' call on ThaiBev despite decline in 1HFY2024 results - THE EDGE SINGAPORE

Broker's Calls

Analysts keep 'buy' call on ThaiBev despite decline in 1HFY2024 results

DBS and UOBKH believe that headwinds will abate and economic activity will recover in 2H2024.

Broker's Calls

Analysts keep ‘buy’ and ‘hold’ calls on UOB after 1QFY2024 earnings exceed expectations

Analysts from Maybank, OCBC and RHB have increased their target price estimates.
Genting Singapore ‘back with a bang’, analysts cheer 1QFY2024 earnings beat - THE EDGE SINGAPORE

Broker's Calls

Genting Singapore ‘back with a bang’, analysts cheer 1QFY2024 earnings beat

Analysts are expecting a fruitful 2024 for Genting Singapore, featuring a confluence of positive catalysts.

Broker's Calls

DBS and RHB have lowered their target prices for AIMS APAC REIT after FY2024 DPU fell short of expectations

The brokerage houses name the REIT’s “stellar” portfolio rent reversions and low gearing as upsides.
More analysts issue downgrades on AEM - THE EDGE SINGAPORE

Broker's Calls

More analysts issue downgrades on AEM

Citi and Maybank have downgraded their calls on AEM to "hold" while DBS has kept its "hold" call but lowered its TP estimate.
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