Macquarie Research

Broker's Calls

Macquarie slashes GoTo's TP by 50% to IDR162 on lower multiple assumptions across all segments

Macquarie has baked in slower Tokopedia GTV growth of about 7% for FY2023.

Broker's Calls

Macquarie initiates coverage on GoTo with 'outperform' call, forecasts 22% upside

“We forecast robust gross revenue uptick for its key segments.”

Broker's Calls

Slowdown expected for REITs in 2018

SINGAPORE (Nov 28): Macquarie Research is turning more cautious on Singapore real estate invest trusts (REITs) in 2018 as limited upside is expected for the sector.

Broker's Calls

Residential property prices to rise by as much as 5% in next 2 years, says Macquarie

SINGAPORE (Nov 27): Macquarie Research believes the Singapore property sector is headed for an upcycle, with residential property prices expected to rise by 3-5% per annum over the next two years.

Broker's Calls

Can Keppel count on property and infrastructure for earnings support?

SINGAPORE (Oct 24): Credit Suisse and Macquarie Research have rated Keppel Corporation “underperform” and “neutral” with target prices of $5.00 and $5.80 respectively as weak contribution from its offshore and marine business continues to be a dra
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