Maybank Securities

Broker's Calls

Analysts mostly keep ‘buy’ calls on MLT as 2QFY2025 results in line with expectations

The analysts' target prices range from $1.45 to $1.75.
Analysts unchanged on ComfortDelGro target price after news of London taxi acquisition - THE EDGE SINGAPORE

Broker's Calls

Analysts maintain ComfortDelGro target price after news of London taxi acquisition

CDG intends to fund the purchase with external borrowings as it needs to pay off Addison Lee’s existing debt facilities in full upon completion.
Dyna-Mac shareholders should ‘accept’ Hanwha’s final offer, says Maybank - THE EDGE SINGAPORE

Broker's Calls

Dyna-Mac shareholders should ‘accept’ Hanwha’s final offer, says Maybank

“We believe that this represents a fair exit price for shareholders to realise their investment and reinvest into other under-valued counters,” says analyst Jarick Seet.

Broker's Calls

Maybank and UOBKH keep ‘buy’ on Frencken, semiconductor recovery to arrive within 2HFY2025

Maybank Securities and UOB Kay Hian have both kept 'buy' on Frencken, at a lowered target price of $1.54 and an unchanged target price of $1.74 respectively.

Broker's Calls

Maybank upgrades Singapore banks to ‘positive’ as it sees the sector benefiting from China and growth in Asean

Analyst Thilan Wickramasinghe has kept his "buy" call on DBS and upgraded OCBC and UOB to “buy” from “hold” previously. He has also raised his TPs for all three banks.

Broker's Calls

Maybank maintains ‘buy’ on Sembcorp, raises TP to $6

Sembcorp remains a key beneficiary of the shift to clean energy in the medium term.

Broker's Calls

Maybank Securities unchanged on Marco Polo Marine, believes group to be deeply undervalued

Maybank's Seet notes that Marco Polo should see NPAT growth in FY2024 and FY2025.
Citi downgrades CICT to ‘neutral’ with higher TP of $2.21 - THE EDGE SINGAPORE

Broker's Calls

Citi downgrades CICT to ‘neutral’ with higher TP of $2.21

The downgrade comes as it sees limited DPU upside for ION Orchard and stretched valuations.

Broker's Calls

Stable operations at Coliwoo, Maybank maintains ‘buy’ on LHN

Coliwoo is supported by incremental demand from more tourists and summer-holiday makers.

Broker's Calls

Brokers' Digest: Food Empire Holdings, Seatrium, Civmec

See what the analysts have to say this week.
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