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DBS Group Research
Broker's Calls
No 'surprises' from Venture's FY2023 earnings; DBS raises target price on brighter outlook; RHB downgrades to 'neutral'
'Venture is on the path to recovery and with its diversified product mix and blue-chip customer base'
February 23, 2024
Broker's Calls
Grab's softer-than-expected FY2024 guidance disappoints the market, Citi lowers TP to US$5
The analysts believe it is likely for Grab to update its guidance as the year progresses.
February 23, 2024
Broker's Calls
Analysts remain positive on Sembcorp Industries amid ‘intact’ green transition theme
Maybank and DBS Group Research have kept their "buy" calls and TPs of $6.30 and $7.15 respectively.
February 21, 2024
Broker's Calls
SIA shares drop following earnings miss and analysts' downgrades
Revenue was up for 3QFY2024 but earnings was down q-o-q despite peak year-end holiday travelling season
February 21, 2024
Broker's Calls
DBS, PhillipCapital, CGS International trim Elite Commercial REIT's target price after FY2023 DPU miss
Elite Commercial REIT reported a distribution per unit of 3.42 British pence for FY2023, 28.9% lower y-o-y, at 100% payout.
February 20, 2024
Broker's Calls
Analysts slash KORE’s TP; DBS downgrades to ‘fully valued’
Analysts have slashed their target prices to a range of 10 US cents to 35 US cents.
February 19, 2024
Broker's Calls
DBS downgrades Prime US REIT to ‘fully valued’ on potential domino effect from KORE’s distribution suspension
The analysts are taking a "preemptive stance" prior to Prime US REIT’s results release.
February 16, 2024
Singapore economy
Analysts mostly keep Singapore’s GDP estimates for 2024 despite softer-than-estimated 4Q2023 growth
Analysts have kept their estimates to range between 2% to 3%, while BofA has upped its estimate to 2.6% from 2.3% previously.
February 15, 2024
Broker's Calls
FCT ‘king of suburban retail malls’, analysts raise TPs following higher NEX stake acquisition
NEX is a high-quality asset and a good strategic fit for FCT’s diversified prime suburban retail portfolio.
February 09, 2024
Broker's Calls
Netlink's 3QFY2024 results in line with expectations, analysts keep “buy”
Netlink has sufficient debt headroom to drive its acquisition ambition without compromising on cash flow and dividends.
February 08, 2024