Brokers' Take

BROKERS’ TAKE

Maybank initiates ‘buy’ on Sats, citing cargo growth prospects

The brokerage has set a target price of S$4.52 for the in-flight caterer and ground handler

DBS, OCBC and UOB have shown modest performances so far in 2026 and are lagging regional peers.
BROKERS’ TAKE

RHB bullish on DBS, OCBC, but expects more volatility in banking sector amid geopolitical tensions

For UOB, there could still be ‘lingering concerns’ over its asset quality and provision buffers

Phillip Securities' Hashim Osman says overall cargo trends “remain resilient with strong demand for high-value, time-sensitive shipments such as semiconductors in Asia-Pacific”.
BROKERS’ TAKE

Phillip Securities upgrades Sats to ‘buy’; sees no material impact from Iran war

The brokerage hikes Sats’ target price by 15.6% to S$4.44 and lifts its earnings forecast

Sheng Siong posted an 8.7% rise in net profit for the full year ended Dec 31, 2025 to S$149.5 million.
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