Brokers' Take

BROKERS’ TAKE

CGSI upgrades Sheng Siong to ‘add’; RHB raises target price on store outlook

However, DBS argues the supermarket operator’s 2026 growth has already been priced in

Sea's net income for the latest quarter rose about 73% but missed analysts' consensus.
BROKERS’ TAKE

Sea shares slump 16.5%; analysts deem drop an ‘overreaction’

Citi and Maybank Securities say the sell-off ignores company’s strategic logic

PropNex on Friday recorded its strongest full-year revenue in its 25 year history at S$1.1 billion, from S$783 million.
BROKERS’ TAKE

Analysts downgrade PropNex on expected slowdown in home sales

Phillip Securities downgrades PropNex to ‘accumulate’ with a higher target price; DBS downgrades the firm to ‘hold’ and lowers target price

Stronger organic growth drivers, including firmer rental reversions and occupancy uplifts, can boost mid-cap S-Reits, say analysts.
BROKERS’ TAKE

‘Unlocking alpha’: Mid-cap S-Reits could outperform larger-cap peers, says DBS

Such trusts on the iEdge Singapore Next 50 Index trade at a discount to their Straits Times Index peers, suggesting a potential re-rating upside

Food Empire previously declared a final dividend of S$0.05 per share, and special dividend of S$0.04 per share, which the analysts are upbeat about.
BROKERS’ TAKE

Analysts raise target prices for Food Empire with strong growth expected across key markets

This also comes after core net profit for 2025 rose 38% year on year, beating expectations

While Chinese exports to the US have fallen sharply since the tariffs, exports to South-east Asia are currently growing at nearly double the pace of the past four years.

Asia’s trade corridors face ‘significant growth’ with Asean among main beneficiaries: Citi

Trade flows from North and East Asia to the Asean and South Asia regions rose by 44% between 2019 and 2024

SIAEC on Thursday reported a net profit of S$41.9 million for the third quarter.
BROKERS’ TAKE

OCBC upgrades SIAEC to ‘buy’ as other analysts weigh expansion costs impact

Target prices hover around S$4 as analysts balance robust joint-venture profits against heavy startup costs for new hangars

Genting Singapore’s “huge net cash position creates meaningful opportunities to unlock shareholder value”, says DBS analyst Zheng Feng Chee.
BROKERS’ TAKE

DBS upgrades Genting to ‘buy’ amid huge cash reserves, constructive gaming environment

It has issued a target price of S$0.90, 12.5% above its closing price of S$0.80 on Thursday

StarHub plans to ramp up capital expenditure by between 13 and 15%. Citi's analysts describe it as “unexpected”.
BROKERS’ TAKE

RHB downgrades StarHub to ‘sell’, Citi to ‘neutral’ as profit slides; DBS reviews rating

StarHub’s net profit of S$38.5 million for its second half is a 50.9% year-on-year drop