Broker: OCBC Group
Date of Report: 23 July 2026
Date of Report: 23 July 2026
Excerpt from OCBC Group report.
Report Summary
- Parkway Life REIT (PREIT SP): Actionable BUY call with a target price of SGD 4.80. OCBC Group highlights strong fundamentals and positive outlook for the REIT.
- China State Construction Intl (3311 HK): BUY recommendation with a target price of HKD 9.18, citing growth prospects from Hong Kong’s infrastructure boom.
- China Railway Group (390 HK, 601390 CH): BUY call, target price HKD 4.19 and CNY 5.45, driven by expectations of infrastructure rebound in 2H26.
- OUE REIT (OUEREIT SP): BUY call, target price SGD 0.41, backed by positive outlook post Changi Airport recovery.
- Q&M Dental Group (QNM SP): BUY rating with target price SGD 0.76, supported by attractive growth and returns.
- Seatrium Limited (STM SP): BUY recommendation, target price SGD 2.79, citing order wins and earnings visibility.
- CapitaLand Ascott Trust (CLAS SP): BUY call, target price SGD 0.95, based on opportunistic divestment and solid fundamentals.
- Boustead Singapore (BOCS SP): BUY, target price SGD 2.67, with a focus on long-term growth potential.
- Frasers Logistics & Commercial Trust (FLT SP): BUY, target price SGD 1.07, leveraging debt headroom for growth.
- SATS Ltd (SATS SP): BUY, target price SGD 4.20, reflecting positive outlook in aviation recovery.
- Singapore Telecommunications (ST SP): BUY, target price SGD 5.75, maintaining long-term growth outlook.
Above is an excerpt from a report by OCBC Group. Clients of OCBC Group can be the first to access the full report from the OCBC Group website : https://www.ocbc.com
