Brokers' Take
UOBKH initiates coverage on UltraGreen.ai with ‘buy’ on optimistic growth outlook
The company is well-positioned to benefit from potential expansion in the fluorescence-guided surgery market, say UOBKH analysts
Analysts raise CIMB target price on ‘surprise’ capital return initiative
The bank announces it will be returning up to RM2 billion of capital to shareholders by end-2027
Aletheia Capital downgrades Wilmar to ‘sell’, cuts target to S$2.50 on legal woes
China contributes more than half of the agribusiness group’s earnings
UOB Kay Hian initiates coverage on Soon Hock; optimistic on its S$1 billion project pipeline
UOB also expects attractive dividend yields of 5.5% and 10% for 2025 and 2026, respectively
JPMorgan sees DBS at S$70 in a year’s time; with potential S$3.30 dividend for years
Its analysts also upgrade OCBC, SGX to ‘overweight’; see volatility for UOB
RHB initiates coverage on Keppel Infrastructure Trust with ‘buy’ call
The analyst sets a target price of S$0.55 and says the trust should have a ‘modestly growing’ distribution profile
RHB upgrades CDL to ‘buy’, raises its target price on residential strength, asset divestments
The target price is increased to S$8.50 from S$4.90
Analysts mixed on ST Engineering amid impairment from iDirect; CGS International upgrades to ‘add’
Increasing defence contract wins of the group appeal to certain analysts
Maybank cuts Sea target price with ‘hold’ call on softer Shopee margins, HSBC maintains ‘buy’ call
Tech company’s prioritisation of growth and building of competitive moats could ‘slow near-term monetisation gains’, says Maybank Research
Analysts positive on Singtel unit’s S$1.5 billion Bharti Airtel sale
Separately, Singtel and KKR are in talks to acquire all of ST Telemedia Global Data Centres they do not already own for more than S$6.4 billion
