RHB Group Research

RHB downgrades First Resources to 'sell' following disappointing 1QFY2023 results - THE EDGE SINGAPORE

Broker's Calls

RHB downgrades First Resources to 'sell' following disappointing 1QFY2023 results

The RHB analysts have also slashed their FY2023 to FY2025 earnings forecast by 20%-26%.
DBS, UOB Kay Hian analysts downgrade Venture to 'hold'; recovery timeline uncertain - THE EDGE SINGAPORE

Broker's Calls

DBS, UOB Kay Hian, PhillipCapital analysts downgrade Venture to 'hold' and 'neutral'; recovery timeline uncertain

Maybank Research has maintained its "hold" rating, while RHB Group Research has kept its "buy" call; all analysts have lower TPs.
RHB maintains 'neutral' on SGX, raises TP by 80 cents to $9.80 - THE EDGE SINGAPORE

Broker's Calls

RHB maintains 'neutral' on SGX, raises TP by 80 cents to $9.80

Analyst Shekhar Jaiswal has applied an ESG premium of 8% to SGX's fair value of $9.10 to arrive at his TP of $9.80.

Broker's Calls

RHB remains 'neutral' on IREIT Global; says valuations are 'fair'

In its 1QFY2023 update, IREIT reported a portfolio occupancy of 87.0%, down 1.3 percentage points q-o-q, as at March 31.

Broker's Calls

RHB remains upbeat on accommodation build group Centurion Corp, maintains 'buy'

Analyst Alfie Yeo kept his target price unchanged at 51 cents.
Analysts like Keppel REIT after posting 'positive operating metrics' for 1QFY2023 - THE EDGE SINGAPORE

Broker's Calls

Analysts like Keppel REIT after posting 'positive operating metrics' for 1QFY2023

The REIT recorded a positive rental reversion rate of 9.3% for the 1QFY2023 ended March.

Broker's Calls

RHB trims Frencken's TP to $1.14 on high inventory and soft demand

The chip sector is expected to be weak in 1H2023 from soft consumption of electronics.
RHB is keeping Sheng Siong in its cart - THE EDGE SINGAPORE

Broker's Calls

RHB is keeping Sheng Siong in its cart

RHB likes Sheng Siong for defensive qualities, strong balance sheet, attractive dividends, store expansion, etc.

Broker's Calls

External factors dragged down CPO prices, RHB maintains 'neutral' on plantation sector

Despite moderating upside risks, there are still supportive factors that should keep prices relatively stable.

Broker's Calls

Return of tourism and cheap rides expected to rev up ComfortDelGro's outlook

Return of tourism and cheap rides expected to rev up ComfortDelGro’s outlook; RHB keeps buy call
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