Analysts Say

Straits Times Index STI Constituents Target Prices & Stock Ratings

21 February 2019

Analysts' stock ratings and target price of Straits Times Index Components from Brokers' Recommendations including CIMB Securities, DBS Vickers, Maybank Kim Eng, OCBC Investment Research, Phillip Securities, RHB Securities, UOB Kay Hian @

Straits Times Index STI Constituent
No. of

ASCENDAS REAL ESTATE INV TRUST (A17U.SI)SGD 2.7808.1B8.1B2.6%761002.8803.6%
UNITED OVERSEAS BANK LTD (U11.SI)SGD 25.98043.1B32.3B10.3%6600030.51717.5%
trending_up CAPITALAND LIMITED (C31.SI)SGD 3.50014.8B11.1B3.5%660003.92712.2%
DBS GROUP HOLDINGS LTD (D05.SI)SGD 24.81063.6B47.7B15.1%6600029.11517.4%
SINGTEL (Z74.SI)SGD 3.06050.0B25.0B7.9%752003.45012.7%
COMFORTDELGRO CORPORATION LTD (C52.SI)SGD 2.4305.3B5.3B1.7%651002.6207.8%
SINGAPORE TECH ENGINEERING LTD (S63.SI)SGD 3.71011.6B5.8B1.8%550004.0148.2%
SATS LTD. (S58.SI)SGD 5.1505.8B4.3B1.4%642005.5257.3%
THAI BEVERAGE PUBLIC CO LTD (Y92.SI)SGD 0.80020.1B6.0B1.9%642000.8678.3%
CAPITALAND COMMERCIAL TRUST (C61U.SI)SGD 1.9006.9B6.9B2.2%642001.9472.5%
WILMAR INTERNATIONAL LIMITED (F34.SI)SGD 3.39021.4B6.4B2.0%440003.79311.9%
OVERSEA-CHINESE BANKING CORP (O39.SI)SGD 11.57048.5B36.4B11.5%4400012.99312.3%
SINGAPORE EXCHANGE LIMITED (S68.SI)SGD 7.8208.4B8.4B2.7%440008.1103.7%
SEMBCORP INDUSTRIES LTD (U96.SI)SGD 2.6604.8B3.6B1.1%440003.42328.7%
GENTING SINGAPORE LIMITED (G13.SI)SGD 1.11013.3B6.7B2.1%440001.33019.8%
trending_up SINGAPORE AIRLINES LTD (C6L.SI)SGD 10.08011.9B6.0B1.9%5320010.7346.5%
VENTURE CORPORATION LIMITED (V03.SI)SGD 16.1504.6B4.6B1.5%4310016.7053.4%
trending_up UOL GROUP LIMITED (U14.SI)SGD 6.8405.8B4.3B1.4%321008.00317.0%
KEPPEL CORPORATION LIMITED (BN4.SI)SGD 6.35011.5B11.5B3.7%220007.98025.7%
YANGZIJIANG SHIPBLDG HLDGS LTD (BS6.SI)SGD 1.4405.7B4.3B1.4%220001.59510.8%
CAPITALAND MALL TRUST (C38U.SI)SGD 2.4408.7B6.5B2.1%615002.223-8.9%
CITY DEVELOPMENTS LIMITED (C09.SI)SGD 9.5408.7B4.3B1.4%2110010.0755.6%
JARDINE CYCLE & CARRIAGE LTD (C07.SI)SGD 36.48014.4B4.3B1.4%1100043.10018.1%
DAIRY FARM INT'L HOLDINGS LTD (D01.SI)USD 8.94016.1B4.0B1.3%303009.5737.1%
SINGAPORE PRESS HLDGS LTD (T39.SI)SGD 2.4703.9B3.9B1.3%202002.5955.1%
HUTCHISON PORT HOLDINGS TRUST (NS8U.SI)USD 0.2402.8B2.1B0.7%201100.2400.0%
GOLDEN AGRI-RESOURCES LTD (E5H.SI)SGD 0.2703.4B1.7B0.5%300300.220-18.5%
trending_up HONGKONG LAND HOLDINGS LIMITED (H78.SI)USD 7.25022.6B11.3B3.6%00000N/A0%
JARDINE MATHESON HLDGS LTD (J36.SI)USD 70.94068.5B20.6B6.5%00000N/A0%
trending_up JARDINE STRATEGIC HLDGS LTD (J37.SI)USD 40.05059.0B11.8B3.7%00000N/A0%
573.1B 315.2B 100.0% * 12.5%

* Net Market Capitalisation Weighted Upside/Downside; which implies the bottom-up estimation of potential upside/downside of the Straits Times Index (STI).

trading volume more than 3x of 1-week average volume and more than 3x of 3-month average volume.
trending_up last traded price above the 3-month price range.
trending_up last traded price above the 52-week price range.
trending_down last traded price below 3-month price range.
trending_down last traded price below 52-week price range.

Definition Market Capitalisation = Total Outstanding Shares x Last Traded Price
Definition Net Market Capitalisation = Market Capitalisation x Investability Weighting Factor

STI Constituent Weightage % is derived according to Net Market Capitalisation of the respective constituent. We derive the Net Market Cap of index constituents according to the % of floating shares respectively, as the actual Investability Weighting Factor used for index calculation is not publicly available.

Average Target Price is re-computed as at when the changes are recorded in our database. Only target prices / fair value reviewed and published in analyst reports issued within past 3 months are included for computation.

Definitions and expected returns of each Stock Ratings terms vary for each of the brokerage firms. Definitions of 'Target Price' and 'Fair Value' are different too. Refer to Analyst Recommendation Framework for details.

The list is compiled for general information purpose only. While we spend our best effort to keep the data up-to-date, stock rating and target price changes may not be recorded the same day as when they are published. Kindly feedback to us for any discrepancies or outdated data (if the revised rating / target price is not reflected 3 days after it's published).

Straits Times Index (STI)

The Straits Times Index (STI) comprises the largest 30 companies listed on Singapore Exchange (SGX) by full market capitalisation that meet stated eligibility requirements, including free float and liquidity.

The STI is calculated and published in real-time, using the last traded prices of index constituents applied with real-time currecny conversion rate where applicable. Weighting of index constituents is determined by the constituents' issued share capital and their respective Investability Weighting Factor (i.e. Free float %) published by FTSE Russell.


Disclaimer Stock quotes are delayed and refreshed every 10 minutes, and the data is provided "as is" for informational purposes only, and is not intended for trading purposes or advice. Stock information displayed has been obtained or derived from sources we believed to be reliable. However, we do not and cannot guarantee the accuracy of data presented.

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