Broker's Take

Vaccines to hasten rebound of small and mid caps: DBS

SMALL- and mid-cap (SMC) stocks in Singapore are expected to catch up with the larger caps on attractive valuations against the backdrop of positive Covid-19 vaccine developments this year, says DBS...

Singapore banks to benefit from pickup in credit growth this year: CGS-CIMB

CGS-CIMB has reiterated its "overweight" call on Singapore's banking sector in anticipation of a pickup in business activity and credit growth in 2021.

UOBKH initiates coverage of United Hampshire US Reit with 'buy' call

UOB Kay Hian has initiated coverage on United Hampshire US Real Estate Investment Trust (United Hampshire US Reit) with a "buy" call and a target price of 92 US cents.

Labour market rebound, flexible staffing seen benefiting HRnetGroup

CGS-CIMB has raised its target price on recruitment firm HRnetGroup on improving labour markets in Singapore and China, and potential revenue from flexible staffing arrangements to cushion the...

RHB raises its target price for ComfortDelGro, citing easing competition

RHB has maintained its "buy" recommendation for ComfortDelGro, while raising its target price on the transport behemoth to S$1.90, up from S$1.70 previously.

SingPost's recovery hobbled by reduced airfreight capacity: analysts

ANALYSTS from CGS-CIMB and DBS Group Research said in separate reports that Singapore Post's (SingPost) recovery from the coronavirus pandemic will depend on how quickly the aviation industry can...

Brokers' take: Singtel may commit over S$600m to Grab digital-bank venture

IN the long term, Singapore Telecommunications (Singtel) might have to commit more than S$600 million in total to its joint venture (JV) with Grab Holdings to set up a digital full bank in...

Brokers' take: Wilmar share price drop 'unjustified'; gap with YKA to narrow, say analysts

THE divergent price action between Wilmar International and its newly listed Chinese subsidiary Yihai Kerry Arawana (YKA) was "unjustified", and the two stocks' valuation gap will likely narrow,...

UOB lags local peers in green banking: Maybank-KE

UOB has some catching up to do on the green banking front, said Maybank-Kim Eng analysts, with the bank lagging its peers on its environmental, social and governance (ESG) financing portfolio and...

UOB lags local peers in managing ESG risks: report

UOB has some catching up to do on the green banking front, said Maybank-Kim Eng analysts, with the bank lagging its peers on its environmental, social and governance (ESG) financing portfolio and...

PhillipCapital dubs Koufu 'best in class', sees move to new facility as major catalyst

PHILLIPCAPITAL on Wednesday initiated coverage on Koufu Group with a "buy" recommendation and a target price of 80 Singapore cents.