Broker: OCBC Group Research
Date of Report: 21 April 2026
Excerpt from OCBC Group Research report.
Report Summary
- Keppel DC REIT (KDCREIT SP): Actionable BUY call with a target price of SGD 2.78. OCBC highlights a “stellar start to FY26”, positioning the REIT for further growth.
- China Aviation Oil (CAO SP): BUY recommendation with a target price of SGD 2.48, supported by strong positive outlook (“To the moon”).
- Techtronic Industries (669 HK): BUY call with a target price of HKD 150.00, citing positioning for further growth.
- Nordic Group (NRD SP): BUY rating and SGD 0.60 target, supported by solid contract wins and growth momentum.
- ST Engineering Ltd (STE SP): BUY call with a target price of SGD 12.50, with positive momentum continuing according to OCBC.
- Nanofilm Technologies International Ltd (NANO SP): BUY recommendation, target price SGD 0.705, with positive outlook cited as “Look on the bright side”.
Highlights for Immediate Action:
Investors should focus on Keppel DC REIT, China Aviation Oil, Techtronic Industries, Nordic Group, ST Engineering, and Nanofilm Technologies for actionable BUY opportunities, each with specific target prices provided above. These recommendations are based on strong starts to the financial year, contract wins, growth momentum, and positive outlooks. OCBC’s BUY rating indicates expected total returns (excluding dividends) in excess of 10% based on the current price for the stocks mentioned.
above is an excerpt from a report by OCBC Group Research. Clients of OCBC Group Research can be the first to access the full report from the OCBC Group Research website : https://www.ocbc.com
