Target
Brokers’ take: Maybank raises Sea’s target price to US$110 on higher earnings estimate
MAYBANK Securities has raised its target price for the Internet company Sea by 15 per cent to US$110, from US$96 previously, while reiterating its “buy” call on the counter. The...
BP drops oil output reduction target in strategy reset: sources
BP HAS abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm’s energy transition strategy to regain investor confidence, three...
Thai rice exports to exceed target this year but decline in 2025, association says
Thailand’s rice exports could exceed target and reach 8.5 million metric tons this year, before falling to 6.5 million tons in 2025 as the strength of the baht weighs...
Brokers’ take: RHB raises ST Engineering’s target on upbeat earnings outlook
RHB raised its target price on Singapore Technologies Engineering (ST Engineering) to S$5.32 from S$5 after rolling forward its valuation base year to fiscal year 2025. It has a...
Brokers’ take: RHB raises SGX target on higher SDAV estimates
RHB raised its target price on the Singapore Exchange (SGX) to S$11.70 from S$10.80 after the bourse’s August securities turnover data came in higher than estimates by the research...
BYD lifts annual sales target to four million EVs, plug-in hybrids
CHINESE electric-vehicle (EV) maker BYD has raised its annual sales forecast thanks to a surge in purchases of plug-in hybrid vehicles.The Shenzhen-based EV giant has lifted its annual target...
Thai electric vehicle sales set to miss target as banks tighten car loans
Thailand’s electric vehicle (EV) sales are set to miss targets this year as lenders turn more cautious in sanctioning new car loans with the nation’s household debt hovering near...
Germany to target sale of 5% in Commerzbank
Berlin currently owns about 16.5% in Commerzbank, worth roughly 2.5 billion eurosThe German government plans to sell as much as 5 per cent in Commerzbank in a first step...
