DBS Group Research

Broker's Calls

Analysts lower target prices on AEM Holdings following 96% y-o-y plunge in 1HFY2024 earnings

Maybank's Seet has also downgraded his call on AEM to 'sell' from 'hold', on lowered expectations for its new customers.
Analysts positive on ST Engineering’s 1HFY2024 and strong order book - THE EDGE SINGAPORE

Broker's Calls

Analysts positive on ST Engineering’s 1HFY2024 and strong order book

The analysts also see strength in the aviation sector’s outlook.

Broker's Calls

Analysts up Yangzijiang Shipbuilding’s TP after 1HFY2024 earnings beat estimates

DBS and Citi's target prices were raised to $2.88 and $3.14 respectively.

Broker's Calls

Analysts mostly raise SGX’s target price estimates after FY2024 results

The analysts' target prices range from $10.20 to $10.80.

Broker's Calls

DBS trims IREIT Global’s TP to 33 cents on absence of income from Berlin Campus

If additional debt is taken to fund the repositioning, it will lead to a significant increase in IREIT’s overall financing costs.

REITs

Banks and REITs will have to accept that 35% leverage is not ‘viable’ going forward: KORE’s CFO

On Aug 1, DBS Group Research analysts Derek Tan and Dale Lai upgraded their call on KORE to “hold” from “fully valued”.

Broker's Calls

Venture, FCT, Sats, Sembcorp and ComfortDelGro are stocks to seek ‘shelter’ in from a ‘weak’ August: DBS

An interest rate cut by the US Fed in September is a ‘near certainty’, says PhillipCapital, who is ‘overweight’ on REITs.

Broker's Calls

RHB and DBS lower target prices to EUR1.90 for Cromwell European REIT after its 1HFY2024 results

Both brokerages keep their “buy” calls, in anticipation of decreasing interest rates and steady portfolio valuations.
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