Target
Some analysts downgrade CDL, reduce price target on boardroom tussle
ANALYSTS believe that the ongoing feud between CDL’s executive chairman Kwek Leng Beng and chief executive officer and his son, Sherman Kwek, could cause an overhang on the group’s...
Trump’s main target in metals tariffs is China, ex-trade adviser says
US PRESIDENT Donald Trump’s tariffs on aluminium and steel are motivated mostly by concerns that China is flooding the global market and harming US manufacturing, said a former trade...
Analysts raise target prices, dividend estimates on UOB as they get positive on earnings outlook
Maybank forecasts return on equity to increase, thereby driving higher valuationsANALYSTS have raised their target prices for UOB after the lender on Wednesday (Feb 19) posted full-year net profit...
Goldman hoists gold target to US$3,100 on central-bank demand
GOLDMAN Sachs Group raised its year-end gold target to US$3,100 an ounce on central-bank buying and inflows into bullion-backed exchange-traded funds, highlighting Wall Street’s enthusiasm for the metal.
Central-bank demand...
Maybank upgrades Singtel’s AIS to buy, raises price target on further profit growth expectations
Maybank Securities upgraded Singtel’s Thai associate Advanced Info Service (AIS) to “buy” from “hold”, due to a strong outlook and healthy yields. Its optimism is on the back of...
Analysts raise target prices, dividend estimates on DBS, predicting higher valuation ahead
Among its high ROE businesses, a “standout” performer is its wealth management segment, says DBSANALYSTS raised their target prices for DBS after the lender posted full-year net profit that...
Maybank upgrades SGX to ‘buy’, raises price target on potentially stronger IPO pipeline, safe-haven factor
MAYBANK upgraded its call for the Singapore Exchange (SGX) to “buy” and raised its price target for the stock on Friday (Feb 7).That comes after SGX on Thursday (Feb...
Kuok Maritime-led group launches electric supply boat as industry prepares for 2030 green target
[BATAM] An alliance of companies led by Kuok Maritime Group (KMG) on Wednesday (Feb 5) launched an electric supply boat and started construction on an electric tug – both...
