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Broker's Calls
Don’t bet on OCBC to raise its dividends, says Credit Suisse
SINGAPORE (July 12): Credit Suisse is downgrading its rating on Oversea-Chinese Banking Corporation (OCBC) to “neutral” from “outperform” with a lower target price of $10.90 given the bank has limited scope to raise its dividends given its current
July 12, 2017
Broker's Calls
Strong 1Q mortgage loan applications data signals upside for these two Singapore banks
SINGAPORE (June 28): RHB is maintaining its “neutral” stance on Singapore’s banking sector as Credit Bureau Singapore (CBS) data reflected a 20% q-o-q increase in 1Q17 loan applications, which the research house says is a positive for Singapore bank
June 28, 2017
Broker's Calls
'Hold' tight to Olam for what’s to come
SINGAPORE (May 17): DBS Vickers Securities is keeping its “hold” call on Olam International with a higher target price of $2.15 compared to $2.12 previously.
May 17, 2017
RHB strategy for 2017
Will 2017 be a bumper crop year for plantation stocks?
SINGAPORE (Jan 4): RHB is maintaining its “neutral” stance on the plantation sector with its top pick as Golden Agri for its diversified land bank, crude palm oil (CPO) price sensitivity and stock liquidity.
January 04, 2017