RHB Securities

RHB sees “no near-term re-rating catalysts in sight” for SGX, lowers TP to $9.80 - THE EDGE SINGAPORE

Broker's Calls

RHB sees "no near-term re-rating catalysts in sight" for SGX, lowers TP to $9.80

RHB Group Research analyst Shekhar Jaiswal maintains a ‘neutral’ rating on SGX, with a lower target price of $9.80 from $10.30
Asean faces tricky recovery amid vaccine endgame; Singapore's STI to 'move higher' with further re-opening - THE EDGE SINGAPORE

Asean

Asean faces tricky recovery amid vaccine endgame; Singapore's STI to 'move higher' with further re-opening

RHB's analysts have raised their end-2021 STI target to 3,410 points from their previous 3,280-point forecast
Analysts mixed on Raffles Medical even as it appears immunised to the Covid-19 bug - THE EDGE SINGAPORE

Broker's Calls

Analysts mixed on Raffles Medical even as it appears immunised to the Covid-19 bug

The group’s PATMI of $39.4 million beat expectations of analysts from RHB and CGS-CIMB.
'Buy' Raffles Medical, as it benefits from Singapore's reopening: analysts - THE EDGE SINGAPORE

Broker's Calls

'Buy' Raffles Medical, as it benefits from Singapore's reopening: analysts

Jaiswal is maintaining his “buy” call on the company at a revised target price of $1.35.
It’s a 'buy' for Raffles Medical despite the minor hiccup in return to normal, says RHB - THE EDGE SINGAPORE

Broker's Calls

It’s a 'buy' for Raffles Medical despite the minor hiccup in return to normal, says RHB

Operations at healthcare operator Raffles Medical is not likely to have a material disruption, says RHB’s Shekhar Jaiswal.
RHB ups Golden Agri TP to 30 cents on widening tax differential advantage - THE EDGE SINGAPORE

Broker's Calls

RHB ups Golden Agri TP to 30 cents on widening tax differential advantage

The export levy and tax on CPO in May is at US$399.00 a tonne, while that for refined palm oil is at US$232.50 a tonne, says RHB.
Stronger economic growth expected in 2021, but 1Q2021 GDP may still be in the red : Economists - THE EDGE SINGAPORE

Singapore economy

Stronger economic growth expected in 2021, but 1Q2021 GDP may still be in the red : Economists

The announcement of Singapore’s full-year economic contraction of 5.4% in 2020 has been well received by economists.
It's time to 'buy' DBS despite the plunge in its FY2020 net profit, analysts say - THE EDGE SINGAPORE

Broker's Calls

It's time to 'buy' DBS despite the plunge in its FY2020 net profit, analysts say

CGS-CIMB has a target price of $28.35 while RHB’s analysts have a $30 call. MKE’s analysts’ target is $29.14.
Fu Yu Corp a ‘stable dividend dispenser’ despite Covid-19: RHB - THE EDGE SINGAPORE

Broker's Calls

Fu Yu Corp a ‘stable dividend dispenser’ despite Covid-19: RHB

Fu Yu has a strong net cash position of $97.8 million and zero borrowings, notes RHB.
ComfortDelGro recovering from bumpy 2020, ‘slowly but surely’: analysts - THE EDGE SINGAPORE

Broker's Calls

ComfortDelGro recovering from bumpy 2020, ‘slowly but surely’: analysts

Taxi operator ComfortDelGro may have had a bumpy 2020, but the company is getting out, “slowly but surely”, say analysts.
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