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Brokers' take

Published Fri, Feb 9, 2018 · 09:50 PM

DBS > Buy Credit Suisse Research, Feb 8 Feb 9 close: S$26.71 Target price: S$31.10

DBS remains our top pick among the Singapore banks. The stock offers an attractive net dividend yield of 4.5 per cent (versus the market average of 3.5 per cent) and is poised to deliver strong net profit growth in 2018 on the back of strong double-digit revenue growth and improvement in credit cost following a clean-up of its troubled oil and gas loans.

Singtel > Buy OCBC Investment Research, Feb 9 Feb 9 close: S$3.38 Target price: S$4.15

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