RHB

Brokers’ take: RHB upgrades Venture Corp to ‘buy’ on expected recovery
Brokers’ take: RHB upgrades Venture Corp to ‘buy’ on expected recovery
July 25, 2024
RHB on Thursday (Jul 25) upgraded Venture Corporation to “buy” from “neutral”, and raised its target price to S$16.50 from S$14.20. The research team expects the group, which provides...
Brokers’ take: RHB initiates coverage on Elite UK Reit with ‘buy’ call
Brokers’ take: RHB initiates coverage on Elite UK Reit with ‘buy’ call
July 24, 2024
RHB has initiated coverage on Elite UK Real Estate Investment Trust (Reit) with a “buy” recommendation and a target price of £0.31, which implies a yield of 11 per...
Brokers’ take: RHB initiates coverage on Elite UK Reit with ‘buy’ call
RHB initiates coverage on Elite UK Reit with ‘buy’ call
July 24, 2024
RHB has initiated coverage on Elite UK Real Estate Investment Trust (Reit) with a “buy” recommendation and a target price of £0.31, which implies a yield of 11 per...
Brokers’ take: RHB expects UOB’s valuation to provide downside support; raises target to S
Brokers’ take: RHB expects UOB’s valuation to provide downside support; raises target to S$32
July 23, 2024
Efforts to build up the bank’s wholesale platform look to be ‘bearing fruit’, RHB notesRHB on Tuesday (Jul 23) raised its target price on UOB to S$32 from S$30.10...
Brokers’ take: RHB raises ST Engineering target on upbeat dividend, profit growth
Brokers’ take: RHB raises ST Engineering target on upbeat dividend, profit growth
July 22, 2024
This comes after the group increases its commercial aerospace capabilities with new contractsRHB Research has lifted its target price on ST Engineering by 11.1 per cent to S$5 from...
Brokers’ take: RHB cuts Delfi target on narrowing margin amid cocoa price hikes
Brokers’ take: RHB cuts Delfi target on narrowing margin amid cocoa price hikes
March 19, 2024
RHB has lowered its target price for chocolate confectioner Delfi to S$1.33 from S$1.55 after trimming earnings forecasts. Despite staying positive on the company’s growth outlook, RHB analyst Alfie...
Broker’s take: RHB raises SGX target price but says valuation, dividends ‘still unexciting’
Broker’s take: RHB raises SGX target price but says valuation, dividends ‘still unexciting’
March 18, 2024
RHB Research raised its target price on Singapore Exchange (SGX) to S$10 from S$9.60. The higher target price is based on a 21 times price-to-earnings ratio, in line with...
Brokers’ take: RHB downgrades Golden Agri to ‘neutral’ after earnings disappointment
Brokers’ take: RHB downgrades Golden Agri to ‘neutral’ after earnings disappointment
February 29, 2024
RHB Research downgraded its call on Golden Agri-Resources to “neutral” from “buy”, while slightly lowering its price target to S$0.29 from S$0.30. Its move came after the palm oil...
Brokers’ take: RHB downgrades Venture Corp to ‘neutral’ as muted near term priced in
Brokers’ take: RHB downgrades Venture Corp to ‘neutral’ as muted near term priced in
February 26, 2024
RHB has downgraded Venture Corporation to “neutral” from “buy” as its lacklustre near-term outlook has already been priced in the share price, after lower second-half earnings released last week....
Brokers’ take: RHB cuts ThaiBev target on lower earnings forecast; positive on recovery
Brokers’ take: RHB cuts ThaiBev target on lower earnings forecast; positive on recovery
February 16, 2024
RHB on Friday (Feb 16) cut its target price on Thai Beverage (ThaiBev) to S$0.76 from S$0.82, after revising its earnings estimates for FY2024 to FY2026. The research team...