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Sparks fly for OUE Hospitality Trust when Michael meets Victoria

Broker's Calls

Sparks fly for OUE Hospitality Trust when Michael meets Victoria

Michelle Zhu Published on Fri, Jan 27, 2017 / 11:22 AM GMT+8

A-

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SINGAPORE (Jan 27): DBS Vickers Securities is reiterating its “buy” call on OUE Hospitality Trust (OUE HT) after its manager on Wednesday declared a distribution per unit (DPU) of 1.36 cents for the fourth quarter ended Dec 31, 2016.

(See also: OUE Hospitality Trust declares 4Q DPS of 1.36 cents)

The research house has also raised its target price estimate to 75 cents from 72 cents previously.

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