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DBS Group Research
Broker's Calls
Analysts lower TPs on PropNex after 1HFY2024 patmi came below expectations
Target prices range from 87 cents to 95 cents.
August 22, 2024
Broker's Calls
Analysts bullish on Sats; Citi keeps ‘buy’ at raised TP of $3.76
The group is enhancing its reputation to beyond that of a baggage handler, with its burgeoning food solutions business.
August 21, 2024
REITs
Better macro and interest environment to encourage allocations into S-REITs in 2HFY2024, DBS names top picks
The analysts at DBS note that an inflexion point approaches for S-REITs.
August 20, 2024
Broker's Calls
Analysts keep ‘buy’ on Frencken, optimistic on better 2HFY2024
Frencken's 1HFY2024 earnings of $18 million were in-line with UOB's and Maybank's expectations, but slightly below DBS's.
August 19, 2024
Broker's Calls
Analysts mixed on UOB after bank's corporate day, which unveiled sustained ROE target of 14% in 2026
CGS International has lowered their TP, while DBS has upgraded their call to “buy” with a higher TP.
August 19, 2024
Broker's Calls
Daiwa House Logistics Trust kept at ‘buy’ but lower TP on acquisition delay and weaker FX assumptions
DHLT continues to enjoy strong operating fundamentals with a high portfolio occupancy rate and a long WALE of about six years.
August 19, 2024
Broker's Calls
‘Concerns overblown’ over Grab’s ‘muted’ 2QFY2024 results; analysts eye positive free cash flow promise
“Given the pullback in shares, we believe now is an attractive entry point with 47% upside,” says Morningstar.
August 19, 2024
Broker's Calls
Analysts mostly keep estimates on UOB after 2QFY2024 core net profit stood within expectations
Analysts have all kept their "buy", "hold" and "sell" calls after UOB's 2QFY2024 results.
August 16, 2024
Company in the news
Resilience is key to Sembcorp’s 1HFY2024 results
Sembcorp wants to use its expertise in renewable energy and decarbonisation to develop low-carbon industrial parks.
August 15, 2024
REIT Watch
KORE refinances and extends loan facilities but distributions remain suspended
At its 1HFY2024 results briefing, the REIT manager’s distribution plans have remained unchanged.
August 15, 2024