RHB Group Research

Broker's Calls

Raffles Medical Group lacks near-term catalysts; RHB keeps 'neutral'

RHB keeps 'neutral' on Raffles Medical Group, as it awaits near-term catalysts.

Broker's Calls

Analysts mostly keep estimates on CLAR after 1QFY2024 update

Analysts are mostly unworried by CLAR's lower occupancy following its 1QFY2024 update, mostly keep estimates unchanged.
Despite drop in FY2023 DPU, analysts remain upbeat on CLAR's outlook - THE EDGE SINGAPORE

Broker's Calls

Despite drop in FY2023 DPU, analysts remain upbeat on CLAR's outlook

Higher interest rates may have affected CLAR's FY2023, but analysts see more upside in the longer run.

Broker's Calls

HRnetGroup to see growth led by economic recovery in Singapore and China: RHB

Strong financial and being a beneficiary of the improving economy keeps HRnetGroup at 'buy': RHB

Broker's Calls

RHB lowers target price to $8.20 for City Developments as it awaits stronger performance catalysts

The brokerage house has maintained its “buy” call, although the property developer’s 1HFY2023 performance was “disappointing”.
RHB upgrades DFI to 'buy' on backing of attractive valuation following drop in share price - THE EDGE SINGAPORE

Broker's Calls

RHB upgrades DFI to 'buy' on backing of attractive valuation following drop in share price

Analyst Alfie Yeo anticipates a pick-up in demand in DFI’s markets and improvement in domestic consumption.

Singapore economy

Analysts keep earlier growth projections despite official narrowing of GDP growth range

Singapore narrowed its full-year GDP growth projection range to 0.5% to 1.5%, down from its previous estimate of 0.5% to 2.5%.

Broker's Calls

Analysts optimistic on ST Engineering, most keep ‘buy’ at raised target prices

Analysts have maintained their positive views on ST Engineering, citing the group's improving results.

Broker's Calls

Resilient operating metrics has RHB upgrading call on Starhill Global REIT to 'buy'

RHB has also increased its target price following the REIT’s 2HFY2022/2023 results that were “slightly ahead of expectations".

Broker's Calls

Analysts mixed on CICT’s DPU outlook as interest costs expected to increase in 2HFY2023

Analysts from CGS-CIMB and DBS have kept their "buy" and "add" calls, while RHB has stayed "neutral".
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