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Analysts mixed on Keppel REIT despite positive 1H results - THE EDGE SINGAPORE

Broker's Calls

Analysts mixed on Keppel REIT despite positive 1H results

Despite the mixed recommendations, analysts agree that Keppel REIT could see lower earnings ahead.
Keppel REIT’s 1H DPU rose 5% y-o-y to 2.94 cents - THE EDGE SINGAPORE

Results

Keppel REIT’s 1H DPU rose 5% y-o-y to 2.94 cents

Amid Covid-19, Keppel REIT has posted a positive set of results for 1HFY2021 ended June 30.

Broker's Calls

Keppel REIT to benefit from lease renewals, Australia portfolio going forward: UOB

SINGAPORE (Mar 7): UOB Kay Hian is maintaining its “buy” call on Keppel REIT with a target price of $1.35 on expectations of the REIT to benefit from the full-year impact of leases, which were renewed in 2018, this year.

Results

Keppel REIT 3Q DPU falls 12.5% to 1.4 cents on lower share of results of associates

SINGAPORE (Oct 17): The manager of Keppel REIT has declared a distribution per unit (DPU) of 1.4 cents in 3Q17, 12.5% lower than the DPU of 1.6 cents in 3Q16 on lower share of results of associates. 
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