Singapore strategy outlook

The brokerage’s STI target for end-2022 remains at 3,400 points.

In its Dec 3, the brokerage has also identified five counters that may be oversold.

Analysts from CGS-CIMB and RHB reveal their STI estimates for FY2021 and the sectors that'll do well when phase 3 arrives.

In a report dated July 30, Lim and Ng have maintained their target for the Straits Times Index (STI) at 2,495, still based on 12x CY21F P/E (or price-to-earnings ratio).

SINGAPORE (Dec 20): DBS Vickers Securities has upgraded its view on the plantation sector to “neutral” on improving fundamentals, as well as expectations of yield recovery and steady prices to boost the earnings of plantation companies in FY17F.

SINGAPORE (Dec 19): 2017 is to remain a challenging for year oil services & equipment providers even with the gradual recovery of oil prices, says DBS Vickers Securities, which has rated the sector as “underweight” in its Market Focus 2017 Outlook rep

SINGAPORE (Dec 19): While oil market prospects may be improving after OPEC’s move to initiate production cuts, DBS Vickers Securities is taking a “neutral” stance on Singapore’s offshore and marine (O&M)/China yards.