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Broker Forecasts - Barclays’ Share Price Sinks As H1 Numbers Disappoint, Margin Forecasts Cut
Barclays fell in Thursday trading as first-half results fall short of forecasts and the bank trimmed its 2023 net interest margin estimates.
Brokers’ take: Maybank re-initiates coverage on AirAsia X with ‘buy’, forecasts record net profit
MAYBANK Securities has resumed coverage on Malaysia-listed AirAsia X (AAX) with a “buy” call and a price target of RM3.58, as it expects the low-cost airline to be even more profitable than it was pre ...
Brokers’ take: RHB cuts Kore’s target price on lower DPU forecast
RHB Research has lowered its target price for Keppel Pacific Oak US Reit (Kore) to US$0.56 from US$0.64, after trimming its near-term distribution per unit (DPU) forecasts. Read more at The Business ...
Ryanair cash generation means more shareholder payouts, broker predicts
Ryanair has received a bullish update from broker Liberum, which has raised current-year forecasts after the first quarter numbers. Constrained ...
Santander Q2 net profit beats forecasts on Spain but Brazil weak
Spain's Santander reported robust second quarter results on Wednesday as a strong performance in Spain and other European countries, such as the UK, offset weakness in Brazil and higher overall costs.