Downgrades

DBS downgrades Genting Singapore to ‘hold’, trims target price on tariffs dampening outlook
DBS downgrades Genting Singapore to ‘hold’, trims target price on tariffs dampening outlook
July 10, 2025
[SINGAPORE] DBS on Thursday (Jul 10) downgraded Genting Singapore to a “hold” rating and lowered its target price for the stock from S$0.90 to S$0.80, 8.1 per cent or...
UBS downgrades Thai stocks to neutral as political woes weigh
UBS downgrades Thai stocks to neutral as political woes weigh
June 23, 2025
Published Mon, Jun 23, 2025 · 12:01 PM[SINGAPORE] UBS Group strategists downgraded Thai stocks to neutral from overweight, citing recent political uncertainty which could impact policy direction and investor...
Maybank downgrades Thai retail sector on weak sales, consumption
Maybank downgrades Thai retail sector on weak sales, consumption
June 13, 2025
[SINGAPORE] Maybank Investment Bank has downgraded Thailand’s retail sector to “neutral” amid weak consumption and falling same store sales growth (SSSG). The bank’s analyst, Suttatip Peerasub, added in a note...
S&P downgrades Warner Bros bonds deeper into junk status
S&P downgrades Warner Bros bonds deeper into junk status
June 9, 2025
Published Tue, Jun 10, 2025 · 07:16 AMS&P Global Ratings cut Warner Bros Discovery’s unsecured bond ratings deeper into junk status after the media company announced it was splitting...
Maybank downgrades Malaysia’s Tan Chong Motor to ‘sell’ amid widening losses, competition
Maybank downgrades Malaysia’s Tan Chong Motor to ‘sell’ amid widening losses, competition
May 27, 2025
[SINGAPORE] Maybank Investment Bank has downgraded Malaysia’s Tan Chong Motor (TCM) to “sell”, from “hold” previously, amid widening losses, weak product appeal and intensifying competition.Despite the downgrade, Maybank maintained...
CGSI downgrades Delfi, cuts target price as high cocoa prices sour sentiment
CGSI downgrades Delfi, cuts target price as high cocoa prices sour sentiment
May 22, 2025
[SINGAPORE] CGS International (CGSI) has downgraded its recommendation on chocolate confectioner Delfi to “hold”, from “add” previously, and slashed its target price by more than 19 per cent to...
DBS downgrades Keppel Infrastructure Trust to ‘hold’, keeps Mapletree Logistics Trust at ‘buy’
DBS downgrades Keppel Infrastructure Trust to ‘hold’, keeps Mapletree Logistics Trust at ‘buy’
April 25, 2025
[SINGAPORE] Analysts from DBS Group Research are mixed on some real estate investment trusts (Reits) this earnings season: They have kept their “buy” rating on logistics-focused Mapletree Logistics Trust...
UOB Kay Hian cuts Sats target price to S.89, downgrades it to ‘hold’ on likely tariff impact
UOB Kay Hian cuts Sats target price to S$2.89, downgrades it to ‘hold’ on likely tariff impact
April 9, 2025
[SINGAPORE] Freight handler Sats might be hit by a potential slowdown in globalisation and decline in global trade volume as a result of the United States’ reciprocal tariffs, prompting...
UOB Kay Hian downgrades DBS to ‘sell’, OCBC to ‘hold’; cuts target prices
UOB Kay Hian downgrades DBS to ‘sell’, OCBC to ‘hold’; cuts target prices
April 8, 2025
[SINGAPORE] UOB Kay Hian (UOBKH) downgraded Singapore banks DBS and OCBC to “sell” and “hold”, respectively, citing forecasts of higher credit costs and “anaemic” loan growth resulting from US...
JPMorgan upgrades S-Reits as interest rates ease, downgrades Singapore banks
JPMorgan upgrades S-Reits as interest rates ease, downgrades Singapore banks
March 13, 2025
[SINGAPORE] Analysts are turning more positive on Singapore-listed real estate investment trusts (S-Reits) in an environment of declining yields and interest rates, citing greater visibility on distribution per unit...