RHB Research

Rising global optimism about a coronavirus treatment is prompting a top Singapore analyst to take a bullish view of pandemic-hit small stocks in the city-state.

RHB Securities, Maybank Kim Eng and DBS Group Research have maintained their “buy” recommendations on the stock.

Analysts from CGS-CIMB Research, DBS Group Research, OCBC Investment Research, RHB Research, and UOB Kay Hian are maintaining their “add” or “buy” calls on City Developments Limited (CDL) despite its less-than-stellar 1H20 earnings results.

Analysts are all positive on Wilmar International’s prospects after the group posted strong 2Q20 earnings of US$329 million ($451.7 million) on Aug 11.

RHB Research has maintained a “buy” call on Starhill Global REIT with a target price of 60 cents, down from its previous price of 63 cents.

RHB Research has maintained a 'buy' call on Avi-Tech, citing its attractive yields and strong operating free cash flow.

RHB Research has maintained a “neutral” call on F&B group Japan Foods (JFOOD) with a lowered target price of 33 cents. It also warns of weaker performance from the group in FY21.

According to RHB analyst Shekhar Jaiswal, ST Engineering is slated to rake in a double-digit profit growth in 2020-2021 on the back of its record high orderbook and accretive acquisitions.

The FTSE ST Real Estate Investment Trust Index is up 23.5% this year, buoyed by three interest rate cuts by the US Federal Reserve. The Straits Times Index by contrast is up only 8.8% year-to-date.  This year, the US Federal Funds Rate declined from the

SINGAPORE (Nov 11): The best is yet to come for CSE Global, say analysts, as the group has garnered four “buy” calls across brokerages DBS Group Research, CGS-CIMB, KGI Securities and RHB.