Welcome!
DBS Group Research
Broker's Calls
Mapletree’s group of REITs are a ‘great place to be in’, says DBS
DBS believes that all three REITs' ICRs are able to provide ample buffers even if interest rates remain elevated.
September 27, 2023
Broker's Calls
DBS upgrades Grab to ‘buy’ with higher TP of US$4.29
DBS Group Research analyst Sachin Mittal says he sees opportunities with the recent pullback in its share price.
September 21, 2023
Investing ideas
Latest fare hikes to have limited impact on ComfortDelGro’s earnings
Of the research houses, DBS, Maybank and RHB are more bullish on CDG's prospects.
September 21, 2023
Company in the news
Nio prices US$1 bil worth of convertible senior notes
DBS has kept its “buy” call on Nio’s US and Hong Kong listings with respective target prices of US$18 and HK$140 ($24.45).
September 20, 2023
Broker's Calls
CDG to see bottom line improvement of $11 mil following 7% public transport fare hike: DBS
“We believe [that the] announced fare hike will allow SBS Transit’s trains to achieve profitability,” says DBS.
September 19, 2023
Broker's Calls
Proposed rezoning of Marina Square could have 'significant upsides' to NAVs, says DBS
SingLand is currently trading at a P/B of 0.4x while UOL Group is trading at a P/B of 0.5x.
September 18, 2023
Broker's Calls
DBS reinstates 'buy' on Frasers Property, says 'immense value' overlooked by investors
DBS analysts have reduced their target price to $1.21 from $1.70 previously, pegged to a 60% discount to Frasers Property's RNAV.
September 15, 2023
Labour market
Singapore businesses continue to face challenges from elevated wage cost pressures: DBS
This is on the back of a tight labour market spurred by the post-pandemic recovery and competition for talent.
September 14, 2023
Broker's Calls
Recent sell-down in Lendlease Global Commercial REIT ‘unwarranted’, says DBS
DBS has kept its "buy" call and target price of 90 cents on the REIT.
September 13, 2023
Broker's Calls
DBS upgrades Venture to 'buy', citing excessive drop in valuations
Venture's cash balance is equivalent to a quarter of its market cap
September 12, 2023