---
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.

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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.

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