DBS Group Research

Broker's Calls

DBS indicates preference for REITs with high yields amid Fed's hawkish stance

The top S-REIT performers for the month of August were Cromwell European REIT, EC World REIT and Sabana REIT.
'Potential securitisation' of GuocoLand's income-producing portfolio could be 'significant share price catalyst': DBS - THE EDGE SINGAPORE

Broker's Calls

'Potential securitisation' of GuocoLand's income-producing portfolio could be 'significant share price catalyst': DBS

DBS is keeping its "buy" call on GuocoLand with an unchanged target price of $2.30.
DBS lifts Civmec's TP to 92 cents on the back of record FY2022 results and dividend surprise - THE EDGE SINGAPORE

Broker's Calls

DBS lifts Civmec's TP to 92 cents on the back of record FY2022 results and dividend surprise

DBS analyst Paul Yong sees Civmec continuing to pay a “steady” dividend of 3 Australian cents for the FY2023 and FY2024.

Broker's Calls

'Buy' ComfortDelGro on share price weakness: analysts

The analysts are remaining upbeat on CDG's prospects even if it will no longer be a constituent of the STI on Sept 19.

Broker's Calls

DBS keeps ‘hold’ on Micro-Mechanics Holdings albeit with lifted FY2023 earnings estimates on ‘intact’ longer-term trend

The group’s revenue stood in line with Ling’s expectations, while MMH’s net profit stood above expectations by 13%.

Broker's Calls

DBS expects consumer discretionary spending to receive a boost in September

MAS may consider another policy tightening move, though PM Lee Hsien Loong warned the central bank “not to overdo things."
Analysts maintain 'buy' call for Silverlake with higher TPs as order momentum picks up - THE EDGE SINGAPORE

Broker's Calls

Analysts maintain 'buy' call for Silverlake with higher TPs as order momentum picks up

The CGS-CIMB, DBS and PhillipCapital analysts have increased their respective TPs to 42 cents, 48 cents and 49 cents.
Analysts positive on ESR-LOGOS REIT amid recent acquisition of its first Japan asset - THE EDGE SINGAPORE

Broker's Calls

Analysts positive on ESR-LOGOS REIT amid recent acquisition of its first Japan asset

The REIT announced a purchase consideration of the centre of approximately $183.5 million, inclusive of rental support, on Aug 29.
Analysts optimistic on IHH Healthcare on further recovery in core businesses - THE EDGE SINGAPORE

Broker's Calls

Analysts optimistic on IHH Healthcare on further recovery in core businesses

IHH is currently trading at a very attractive FY22 EV/ebitda of 14x, close to -2 SD of its historical range.
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