DMG has downgraded Sinotel Technologies (D3W.SG) to “neutral” from “buy” on concerns over earnings growth following streamlining of China’s wireless telecommunication infrastructure development says Dow Jones.
Posts Tagged ‘ldquo’
Genting Singapore upgraded to outperform by CIMB
April 29th, 2010 |
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CIMB has upgraded Genting Singapore (G13.SG) to “outperform” from “trading buy” on improved upside to unchanged $1.23 target price after recent pullback, according to Dow Jones.
Genting Singapore raised to ‘buy’ by Deutsche with $1 target
April 29th, 2010 |
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Deutsche Bank has upgraded Genting Singapore (G13.SG) to “buy” from “hold”, raising its target price to $1 from 90.5 cents.
Cosco raised to ‘neutral’ by UBS, ups target to $1.81
April 29th, 2010 |
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UBS has upgraded Cosco (F83.SG) to “neutral” from “sell”, raises target price to $1.81 from 77 cents, based on earnings-based valuation vs asset-based valuation previously, says Dow Jones.
China XLX Fertiliser raised to ‘buy’ by DBS Vickers
April 28th, 2010 |
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DBS Vickers has upgraded China XLX Fertiliser (B9R.SG) to “buy” from “hold”, raising the target price to 75 cents from 54 cents based on 14x P/E vs 12x previously, according to Dow Jones.
SMRT cut to ‘hold’ but ups target by Phillip Securities
April 28th, 2010 |
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Phillip Securities has downgraded SMRT Corp. (S53.SG) to “hold” from “buy” as stock has risen 18.5% since house’s Jan 28 “buy” call, but raises target price to $2.42 vs $2.19 on stronger ridership growth, according to Dow Jones.
Sembcorp Industries downgraded to ‘hold’ by Kim Eng
April 27th, 2010 |
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Kim Eng Securities has raised Sembcorp Industries (U96.SG) target price to $4.38 from $4.14 to factor in higher valuation for utilities business, but downgrades rating to “hold” from “buy” on limited upside from current levels.
Pacific Shipping Trust upgraded by DBS Vickers to ‘buy’
April 26th, 2010 |
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DBS Vickers Securities has upgraded Pacific Shipping Trust (P48U.SG) to “buy” from “hold”; raises target price to 37 US cents (50.7 cents) from 30 US cents, according to Dow Jones.
Singapore Land upgraded to ‘buy’ by DBS, raises target
April 26th, 2010 |
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DBS Group Research has upgraded Singapore Land (S30.SG) to “buy” from “hold”, raises target price to $7.99 from $6.94, based on 15% discount to RNAV of $9.40, according to Dow Jones.
OCBC upgraded to ‘outperform’, targets $10.25: Credit Suisse
April 26th, 2010 |
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OCBC (O39.SG) has been upgraded to “outperform” from “neutral” by Credit Suisse; with target price raised to $10.25 from $9.50.
Keppel upgraded to ‘buy’ by DBS, raises target price
April 23rd, 2010 |
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DBS Vickers has upgraded Keppel Corp. (BN4.SG) to “buy” from “hold” on optimism over contracts from Brazil’s Petrobras, rig builder’s impending listing of K-Green trust in Singapore, according to Dow Jones.
Keppel upgraded to ‘buy’ by DBS, raises target price
April 23rd, 2010 |
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DBS Vickers has upgraded Keppel Corp. (BN4.SG) to “buy” from “hold” on optimism over contracts from Brazil’s Petrobras, rig builder’s impending listing of K-Green trust in Singapore, according to Dow Jones.
Mapletree Logistics raised to “neutral†by CIMB
April 23rd, 2010 |
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CIMB has upgraded Mapletree Logistics Trust (M44U.SG) to “neutral” from “underperform” on improving outlook, raising target price to 88 cents from 74 cents to factor in contributions from potential acquisitions, higher net property income margin, according to Dow Jones.
Indofood Agri raised to ‘buy’ at DBS; ups target price
April 23rd, 2010 |
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DBS Vickers has raised Indofood Agri Resources (5JS.SG) to “buy” from “hold” on group’s aggressive expansion plan through increased tree planting; ups target price to $2.75 vs $2.30 after raising group’s FY10F-12F EPS by 15–19.9%.
Cosco upgraded to ‘buy’ by CLSA; raises target by 39.4%
April 23rd, 2010 |
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CLSA has upgraded Cosco Corp. (F83.SG) to “buy” from “outperform” on expectations of more order wins, sector-wide re-rating. Raises target to $2.30 from $1.65 based on 21x P/E vs 15.5x previously, says Dow Jones.
SGX raised to ‘outperform’ by Daiwa with $8.94 target
April 23rd, 2010 |
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Daiwa has upgraded Singapore Exchange (S68.SG) to “outperform” from “underperform” on optimism over bourse operator’s plan to enable trading of ADRs in Singapore of pan-Asian blue-chip companies, says Dow Jones.
Keppel Corp downgraded to ‘sell’ from ‘hold’ by UOB KayHian
April 23rd, 2010 |
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UOB KayHian has downgraded Keppel Corp. (BN4.SG) to “sell” from “hold” on limited upside, raising fair price to $8.90 vs $8.60 after increasing FY10–12 earnings forecasts by 15–25% to assume higher contributions from property business, acording to Dow Jones.
Indofood Agri Resources raised to ‘buy’ from ‘hold’ at HwangDBS
April 22nd, 2010 |
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Indofood Agri Resources was upgradeed to “buy” from “hold” at HwangDBS Vickers Research Sdn. to reflect a jump in sugar prices and a cut in fertiliser costs. The share price estimate was increased to $2.75 from $2.30, HwangDBS said in a report today.
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CapitaMall Trust cut to ‘hold’ by on valuation
April 22nd, 2010 |
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OCBC Investment Research has downgraded CapitaMall Trust (C38U.SG) to “hold” from “buy” on limited upside to its unchanged $1.93 target price, pegged at parity to RNAV, says Dow Jones.
SingTel cut to ‘hold’ by UOB KayHian with $3.06 target price
April 22nd, 2010 |
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UOB KayHian has downgraded SingTel (Z74.SG) to “hold” from “buy”, citing expected erosion of market share in Singapore’s corporate data services space, intense competition facing Indian associate Bharti (532454.BY), says Dow Jones.