hold

Broker's Calls

CIMB 'heartened' by CSE Global's dividend commitment but still not turning bullish

SINGAPORE (Mar 8): CIMB is reiterating its “hold” call on tech group CSE Global with an unchanged target price of 39 cents, which is based on 12 times FY19 earnings.

Broker's Calls

Will stiff taxi competition continue to hinder ComfortDelGro despite Uber alliance?

SINGAPORE (Feb 14): OCBC is upgrading its call on ComfortDelGro (CDG) while increasing its fair value to $2.25 from $2.12 previously after rolling forward its valuations, on the belief that CDG’s alliance with Uber, if approved, will help to stabilise t

Broker's Calls

Room for ISOTeam to 'play catchup' in 2H18: UOB

SINGAPORE (Feb 13): UOB Kay Hian is maintaining its “buy” recommendation on ISOTeam on expectations the group should see a catchup in revenue in 2H18.

Broker's Calls

Will supply chain kinks slow Valuetronics' growth momentum?

SINGAPORE (Feb 13): CIMB is reiterating its “add” call on Valuetronics Holdings with an unchanged target price of $1.10, which is pegged to 11 times CY19 forward earnings and implies 4% FY18-20 dividend yield, after the tech manufacturer last Friday p

Broker's Calls

Tepid DPU growth outlook remains for Hutchison Port Holdings Trust: DBS

SINGAPORE (Feb 6): DBS Vickers Securities is maintaining its “hold” call on Hutchison Port Holdings Trust (HPHT) with an unchanged target price of 39 US cents (51 cents), which is based on a discounted cash flow valuation framework with a 7.4% weighte

Broker's Calls

Should CapitaLand Commercial Trust investors be counting on the office market upturn?

SINGAPORE (Jan 26): Brokers are divided on their recommendations for CapitaLand Commercial Trust (CCT), after its manager yesterday announced a 13% decline in 4Q DPU to 2.08 cents due to absence of income of properties divested in 2H17.

Broker's Calls

Does Suntec REIT's rally have legs?

SINGAPORE (Jan 25): DBS Vickers Securities is reiterating its “buy” call on Suntec REIT with an unchanged target price of $2.30 after its manager on Wednesday posted a 4Q distribution per unit (DPU) of 2.604 cents, in line with expectations.

Broker's Calls

CacheLog divestment of 40 Alps Avenue creates 'comfortable headroom' for future acquisitions

SINGAPORE (Jan 22): RHB and Phillip Capital have upgraded their calls on Cache Logistics Trust (CacheLog) to “buy” and “accumulate” from “neutral”, with higher target prices of 96 cents and 92 cents, respectively.

Broker's Calls

OUE Commercial REIT poised to capitalise on improving market sentiments: OCBC

SINGAPORE (Jan 9): OCBC Investment Research is maintaining its “hold” call on OUE Commercial REIT (OUE CT) with a fair value estimate of 67 cents, close to one standard deviation above the three-year historical mean.

Broker's Calls

ThaiBev downgraded on anticipation of post-acquisition hangover

SINGAPORE (Dec 20): CIMB Research has downgraded its call on Thai Beverage (ThaiBev) while lowering its target price on the stock by 15 cents to $1, after imputing a potential impact to the group’s balance sheet from a recent acquisition which the resea
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