Car park management business to drive LHN’s FY17 earnings growth

SINGAPORE (Sept 14): NRA Capital continues to keep its “overweight” rating on property management services group LHN Limited, with a higher fair value of 28.5 cents on higher 3Q earnings.

“The high-average return classification (“overweight” rating) reflects our strong conviction, while we revised the risk classification for LHN from low to average as LHN’s shares now enjoy higher trading activity and thus can be subject to higher share price volatility,” announces analyst Liu Jinshu in a Wednesday report.

(See Why should you park your capital in LHN?)

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