---
title: "Phillip Securities Sticks to Its Buy Rating for PropNex Ltd. (OYY)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/277655406.md"
description: "Phillip Securities has maintained a Buy rating for PropNex Ltd. (OYY) with a price target of S$2.08, while the shares closed at S$1.94. Additionally, TipRanks also issued a Buy rating for the company. However, DBS downgraded PropNex Ltd. to a Hold rating yesterday."
datetime: "2026-03-03T16:45:17.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/277655406.md)
  - [en](https://longbridge.com/en/news/277655406.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/277655406.md)
---

# Phillip Securities Sticks to Its Buy Rating for PropNex Ltd. (OYY)

Phillip Securities analyst maintained a Buy rating on PropNex Ltd. yesterday and set a price target of S$2.08. The company’s shares closed today at S$1.94.

### Claim 50% Off TipRanks Premium

-   Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
-   Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential

In addition to Phillip Securities, PropNex Ltd. also received a Buy from TipRanks – OpenAI’s OpenAI Real Estate SG in a report issued on March 1. However, yesterday, DBS downgraded PropNex Ltd. (SGX: OYY) to a Hold.

### Related Stocks

- [OYY.SG](https://longbridge.com/en/quote/OYY.SG.md)

## Related News & Research

- [PropNex FY 2025 profit jumps 72% on private home rebound](https://longbridge.com/en/news/278306566.md)
- [DBS, Climate Bonds Initiative team up to advance climate adaptation financing across APAC](https://longbridge.com/en/news/286862445.md)
- [ZAWYA: Al Habtoor Tower: Dubai's boldest residential project yet](https://longbridge.com/en/news/287051508.md)
- [ZAWYA: UAE developers accelerate shift to recurring income amid market uncertainty](https://longbridge.com/en/news/287012545.md)
- [Single Gen Z women outpace Gen Z men to homeownership despite overall decline in first-time buyers](https://longbridge.com/en/news/287043408.md)