DBS Group Research

Broker's Calls

DBS sweet on Delfi; maintains ‘buy’ call and raises TP to $1.63

DBS analysts' higher TP of $1.63, up from $1.52 previously, comes as confectionery consumption in Indonesia looks to remain high.

Broker's Calls

DBS lowers Lendlease Global Commercial REIT’s TP to 90 cents on higher interest rates and forex risk

The brokerage has kept its ‘buy’ call, however, as it sees the REIT as a ‘hidden gem’.

Broker's Calls

DBS lowers ARA US Hospitality Trust's TP to 45 US cents on slower-than-expected travel recovery

The analysts, however, remain optimistic on the REITs prospects, sees it as best poised to ride the US travel demand uptrend.
DBS downgrades Prime US REIT on high gearing, refinancing risks, falling occupancy  - THE EDGE SINGAPORE

Broker's Calls

DBS downgrades Prime US REIT on high gearing, refinancing risks, falling occupancy

DBS Group Research has downgraded Prime US REIT to “hold” following its results for 1HFY2023 ended June.
Analysts retain 'add' and 'buy' calls on ThaiBev after results; CGS-CIMB, PhillipCapital lower TPs - THE EDGE SINGAPORE

Broker's Calls

Analysts retain 'add' and 'buy' calls on ThaiBev after results; CGS-CIMB, PhillipCapital lower TPs

The DBS analysts believe the market is "overly pessimistic" on ThaiBev.

Broker's Calls

DBS downgrades Sabana REIT to ‘fully valued’ after ‘watershed moment’

DBS Group Research has also lowered its target price to 30 cents from 48 cents previously.

Broker's Calls

DBS downgrades IREIT Global to ‘hold’ with lower TP of 45 cents

Despite the downgrade, DBS Group Research remains relatively upbeat over IREIT Global's "well-diversified" portfolio.
Analysts split on OCBC following 1HFY2023 results, with target prices ranging from $12.70 to $14.96 - THE EDGE SINGAPORE

Broker's Calls

Analysts split on OCBC following 1HFY2023 results, with target prices ranging from $12.70 to $14.96

OCBC reported net profit of $3.59 billion for the 1HFY2023, 38% higher y-o-y.
Analysts optimistic on Sembcorp Industries, all keep 'buy' at raised target prices - THE EDGE SINGAPORE

Broker's Calls

Analysts optimistic on Sembcorp Industries, all keep 'buy' at raised target prices

Analysts are optimistic on Sembcorp Industries as the group records earnings of $530 million for 1HFY2023.

Broker's Calls

STI to decline due to historical seasonal weakness in August, DBS notes 5 stocks to watch

ST Engineering, UMS Holdings, CapitaLand Ascendas REIT, Frasers Centrepoint Trust and Sasseur REIT are DBS’s stock picks for Aug.
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