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DBS Group Research
Broker's Calls
DBS favours industrial, retail S-REITs this 'red-hot summer' as high rates erode DPU
This cut would be more keenly felt in the US office, China Retail S-REITs and selected commercial subsectors, says DBS.
July 14, 2023
Broker's Calls
Analysts lower Wilmar’s TP on lower earnings estimates
Wilmar will release its 2QFY2023 results on Aug 11.
July 10, 2023
Singapore economy
DBS lowers STI target to 3,450; looks towards turnaround in 2H2023
Analysts Yeo Kee Yan and Foo Fang Boon have turned “neutral” on Singapore from their earlier “positive” rating.
July 06, 2023
Broker's Calls
Analysts await details on OCBC's $3 bil incremental revenue goal, expected at 1HFY2023 earnings call on Aug 4
By 2025, OCBC aims to double the AUM of its Premier Banking and Premier Private Client segments for Greater China.
July 04, 2023
Broker's Calls
Brokers' digest: Aztech Global, Dyna-Mac, ComfortDelGro, HRnetGroup, StarHub
See what the analysts have to say this week.
June 29, 2023
Broker's Calls
DBS downgrades SIA to 'hold', urges switch to ST Engineering, SATS instead
DBS analysts believe SIA's earnings may peak in FY2024 as supernormal passenger yields revert to more normalised levels.
June 27, 2023
Broker's Calls
DBS keeps StarHub at 'hold' as it waits for more clarity on earnings trajectory
DBS keeps 'hold' on StarHub as earnings trajectory remains uncertain
June 27, 2023
Broker's Calls
RHB, DBS stay 'buy' as ESR-LOGOS REIT divests seven assets with 'slightly high' discount
“All key metrics, such as weighted average land lease tenures and weighted average lease expiry rates should improve slightly.”
June 26, 2023
Broker's Calls
DBS downgrades Nanofilm to ‘fully valued’ as outlook remains weak
Despite the downgrade, analyst Ling Lee Keng sees Nanofilm’s recovery in the 2HFY2023 as “intact”.
June 24, 2023
Broker's Calls
Brokers' Digest: Sembcorp Industries, Dyna-Mac Holdings, Keppel Infrastructure Trust, Sheng Siong Group, SIA
See what the analysts have to say this week.
June 23, 2023