The Business Times
SUBSCRIBERS

Brokers' take

Published Thu, Mar 19, 2015 · 09:50 PM

DBS Group | Buy

Close: S$19.96

Target price: S$21.90

UOB Kay Hian March 19

Buy with a target price of S$21.90, with stops placed at S$19.20. The stock appears to be well-supported at S$19.20 and a break above S$20.30 could suggest further upside, with the rising 120-day Exponential Moving Average (EMA) acting as support. The Moving Average Convergence Divergence (MACD) has turned above its centreline, which could suggest a bullish momentum.

Venture Corporation | Buy

Close: S$8.47

Target price: S$10.25

Maybank Kim Eng Research March 1…

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Capital Markets & Currencies

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here