Welcome!
PhillipCapital
Broker's Calls
Brokers' Digest: Silverlake Axis, DFI Retail Group, Q&M Dental Group, Megachem
See what the analysts have to say this week.
August 31, 2023
Construction
Rebuilding the construction industry
The construction industry in Singapore so far has painted a mixed picture for construction stocks.
August 30, 2023
Banking & finance
Keep learning, keep growing
The industry has picked up some hard lessons over the years and Phillip Nova under Teyu is always learning, always refreshing
August 29, 2023
Broker's Calls
PhillipCapital upgrades Singtel to ‘buy’ on recent price weakness
Shares in Singtel have been falling steadily since a month ago, dropping from $2.62 as at the close of July 24 to $2.33 on Aug 23.
August 24, 2023
Broker's Calls
Analysts keep ‘buy’ and ‘neutral’ calls on SATS following expected 1QFY2024 results
DBS's TP stood unchanged at $3.20 while PhillipCapital's TP stood at $2.51.
August 21, 2023
Broker's Calls
Analysts mostly keep ‘hold’ on SGX due to ‘unexciting’ outlook’; Maybank downgrades to ‘hold’
Analysts' TPs range from $8 to $11.71.
August 21, 2023
Broker's Calls
Analysts are mixed on Singapore banks; RHB remains 'neutral' while PhillipCapital maintains 'buy'
PhillipCapital is positive on all banks, while RHB names UOB as its sole buy.
August 18, 2023
Broker's Calls
Analysts mixed on Sea following 2QFY2023 earnings and re-pivot to accelerating Shopee growth
All analysts have kept their “buy” and “add” calls, but CGS-CIMB and PhillipCapital analysts have lowered their TPs accordingly.
August 17, 2023
Broker's Calls
PhillipCapital upgrades CDL to 'buy' on City Developments, but lowers target price to $8.22
This new target price is derived from a lower revalued net asset value (RNAV), with a 45% discount to RNAV of $14.94.
August 16, 2023
Broker's Calls
Analysts lower calls and TP on PropNex after larger than expected revenue contraction for 1HFY2023
Maybank Securities reiterates “buy” with lower TP of $1.15, but PhillipCapital downgrades to “accumulate” with lower TP of $1.16.
August 14, 2023