Brokers' Take
CGSI cuts SIA’s earnings projections for FY2027 by nearly 40% as fuel prices surge
Research house also trims its forecast for group’s FY2026 core net profit by 4%
Share buybacks driving OCBC’s stock into new territory: analysts
Investors also like lender’s robust wealth business and net new money momentum in Q4
High order backlog, global ‘defence inflection point’: Analysts positive on ST Engineering’s contract win
Views on the company’s outlook, however, are mixed
RHB initiates ‘buy’ on iFast on rising Asia-Pacific wealth management demand
The brokerage’s S$12.20 target represents a 36.7% increase from the group’s closing price on Mar 26
RHB downgrades S-Reits to ‘neutral’ as Middle East conflict dims hope for rate cuts
The brokerage recommends investing in Singapore-centric S-Reits to ride out market volatility
Maybank raises Grab’s target price to US$6.48 on proposed acquisition of foodpanda Taiwan
But DBS keeps its rating and target price unchanged for the company behind the superapp
DBS downgrades Singtel to ‘hold’ on weaker valuation of Bharti Airtel
Its analyst lowers his target price on the counter to S$5.36
RHB keeps ‘buy’ on Suntec Reit following Hongkong Land’s acquisition of 10.8% stake
It has an unchanged target price of S$1.67
DBS lifts China Aviation Oil target price to S$2.50 on arbitrage opportunities
Tightening availability and fragmenting regional markets may strengthen CAO’s commercial positioning
Sembcorp shares end 4.3% higher as CGSI adds counter to top Singapore picks
Analysts say the stock is trading at an ‘undemanding’ valuation of nine times its estimated FY2027 PE ratio
