SINGAPORE (Oct 23): RHB is maintaining its "neutral" call on Frasers Commercial Trust (FCOT) while Daiwa and OCBC reiterate their “hold” recommendations following last week's announcement of the trust's 4Q17 results, which came in line with expectations.

While RHB has lowered its target price to $1.39 from $1.40 and Daiwa has reduced its target price to $1.40 from $1.43, OCBC's fair value estimate remains unchanged at $1.42.  

See: Frasers Commercial Trust’s 4Q DPU falls 1.6% to 2.41 cents

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook