Jefferies Singapore

"There is a risk that securities market turnover, which has already been soft for 1HFY2022, could moderate further."

The move lands UOB four birds with just one stone, writes one analyst.

Signs of slowing earnings growth have analysts dialling back their previously bullish calls on this stock.

The company guides for a y-o-y rise in FY2021F DPS, and CGS-CIMB expects 6.5 cents in FY2021F.

Jefferies analyst Guha, in a Jan 18 report, have given CDL and Wing Tai target prices of $11 and $2.40 respectively.

SINGAPORE (June 11): Jefferies Singapore is keeping its “buy” recommendation on City Developments (CDL) with an unchanged target price of $12.00, amid a new takeover offer to acquire the remaining 34.8% stake in Millennium & Copthorne Hotels (M&C) for

SINGAPORE (Feb 21): Jefferies Singapore is keeping its “buy” recommendation on City Developments with a target price of $12.00, after the property developer beat revenue expectations for FY18.

SINGAPORE (May 8): Oversea-Chinese Banking Corporation (OCBC) on Monday before market open posted a set of good results for the 1Q18 ended March.

SINGAPORE (May 3): Analysts are staying positive on United Overseas Bank (UOB), after the bank posted record-high 1Q18 earnings of $978 million – some 21% higher than a year ago.