Target
Brokers’ take: Maybank initiates coverage on Beng Kuang Marine with ‘buy’, S$0.47 target price
MAYBANK Securities initiated coverage on Beng Kuang Marine with a “buy” call, as the research house is positive that the company will benefit from floating production storage and offloading...
Brokers’ take: Citi cuts GoTo price target on more conservative assumption
CITI Research, working on more conservative assumptions, has lowered its price target for GoTo to 95 rupiah (0.8 Singapore cent) from 195 rupiah.The research house noted in a report...
Brokers’ take: Maybank raises Singtel target on higher valuation in associate
MAYBANK Securities has lifted its target price on Singtel by 5 per cent to S$3.40 from S$3.24, after its associate, Bharti Airtel, said last week that it would raise...
H&M casts doubt over margin target as June sales drop, shares fall
H&M cast doubt over its full-year profit margin target on Thursday (Jun 27) after missing quarterly earnings forecasts and predicting a fall in June sales, sending shares in the...
BHP uncertain net zero emissions target will be reached by 2050
THE world’s biggest mining company, BHP Group, said it may not reach its goal of cutting greenhouse emissions created by its customers and suppliers to net zero by 2050.“Achievement...
Foreign banks target Switzerland after UBS takeover of Credit Suisse
AS CREDIT Suisse fades into history following its takeover by UBS last year, global banks are expanding in Switzerland to take advantage of companies’ desire to spread their business.
France’s...
TSMC nears US$1 trillion valuation as target upgrades boost rally
THE bullish chorus on Taiwan Semiconductor Manufacturing Co (TSMC) is growing even louder as a stock rally puts its market capitalisation one step closer to the US$1 trillion milestone.
TSMC...
RBNZ chief economist Conway says progress being made on bringing inflation back to target
RESERVE Bank of New Zealand chief economist Paul Conway said on Wednesday that good progress is being made in bringing inflation back to target but a period of restrictive...
