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Analysts slash earnings forecasts, price targets for SingPost amid stiff competition, margin pressure
“SingPost has struggled to make meaningful operating profits from logistics largely due to competitive pressures which have resulted in tight operating margins,” explains DBS analyst Sachin Mittal, citing ‘intense' competition in Hong Kong.
May 11, 2020
Broker's Calls
Creating value through M&A would be a ‘leap of faith’ for ESR-REIT
SINGAPORE (July 7): Daiwa Capital Markets is maintaining its “hold” call on ESR-REIT – formerly known as Cambridge Industrial Trust (CIT) – with an unchanged target price of 57 cents after its recent meeting with the REIT’s management and its ne
July 07, 2017
Broker's Calls
Continue to steer clear of Ezra for now, advises DBS
SINGAPORE (Dec 1): DBS Vickers Securities is advising investors to continue avoiding Ezra Holdings as it maintains its “fully valued” call on the offshore support provider, while lowering its target price to 4 cents from 6 cents previously.
December 01, 2016