DBS Group Research

Broker's Calls

CDL, Ho Bee Land, UOL Group among analysts' top picks in Singapore property sector

Shares in CDL, Ho Bee Land and UOL Group closed $8.21, $3.06 and $7.22 respectively on April 7.

Broker's Calls

DBS initiates 'buy' on GuocoLand as it looks to benefit from the office market recovery

A potential securitisation of GuocoLand’s income-producing portfolio is one way to drive the property developer's share price: DBS
DBS sees ‘breakout month’ for S-REITs, but warns that focus may soon shift to results and rates - THE EDGE SINGAPORE

Broker's Calls

DBS sees ‘breakout month’ for S-REITs, but warns that focus may soon shift to results and rates

Office, retail and hospitality are DBS’s top picks for S-REITs.
CGS-CIMB downgrades SPH REIT to 'hold' as recovery already 'priced in'; DBS maintains 'hold' call - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB downgrades SPH REIT to 'hold' as recovery already 'priced in'; other analysts maintain 'hold' call

CGS-CIMB and DBS have kept their TPs on the REIT at 95 cents and 96.4 cents respectively.

Broker's Calls

DBS is expecting Centurion to come back as a dividend play

DBS Group Research has kept a “hold” rating on Centurion Corporation with an increased target price to 42 cents from 38 cents

US Economy

Higher yields seen as headwinds to investors; FOMC's hawkish stance could intensify: analysts

Analysts at DBS and UOB are expecting to see cumulative basis point increases this year.

Broker's Calls

Analysts see Yangzijiang’s shares to re-rate upon successful spin-off; estimated TPs start from $1.98

Citi Research has pegged a TP estimate of $1.98, while DBS has pegged YZJ's TP to be at $2.15.

Broker's Calls

DBS says STI reaching near-term cap, reveals inflationary environment picks

Even as the optimism on the reopening of Singapore lifts the STI, it may be close to a peak, says DBS.
RHB downgrades CICT to 'neutral' while other analysts keep 'buy' call following reopening and acquisition - THE EDGE SINGAPORE

Broker's Calls

RHB downgrades CICT to 'neutral' while other analysts keep 'buy' call following reopening and acquisition

In its report, RHB also expects CICT's next potential acquisition to be its remaining stake in CapitaSpring.
Stars 're-aligning' for hospitality S-REITs sub-sector with ART, CDLHT and FEHT being analysts' top picks - THE EDGE SINGAPORE

Broker's Calls

Stars 're-aligning' for hospitality S-REITs sub-sector with ART, CDLHT and FEHT being analysts' top picks

Units in ART, CDLHT, FEHT closed $1.12, $1.29 and 65 cents respectively, while units in FHT closed at 49 cents on March 25.
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