brokers calls

Broker's Calls

PhillipCapital and CGS International maintain ‘buy’ on Lendlease Global Commercial REIT, TP unchanged

PhillipCapital and CGSI have kept their target prices unchanged at 80 cents and 71 cents, respectively.

Broker's Calls

CGS International maintains ‘add’ call on ESR-LOGOS REIT on positive FY2025 guidance

The REIT’s 9MFY2024 revenue and NPI were below expectations at 71% of the brokerage’s forecasts.

Broker's Calls

Analysts mostly maintain their ‘buy’ calls on Mapletree Industrial Trust after 2QFY2025 results

The REIT continued to generate steady DPU growth of 1.5% during the quarter.
CGSI downgrades Aztech Global to ‘reduce’ from ‘add’ at lowered TP of 78 cents - THE EDGE SINGAPORE

Broker's Calls

CGSI downgrades Aztech Global to ‘reduce’ from ‘add’ at lowered TP of 78 cents

Aztech's order book for completion in 4QFY2024 stands at $142 million, to which the CGSI analyst notes is at its lowest level since 4QFY2020.

Broker's Calls

Analysts remain neutral on Suntec REIT after results met expectations despite 3QFY2024 DPU slip

Maybank upgraded its TP to $1.25, while CGSI and OIR have kept their TPs unchanged at $1.38 and $1.19.
Maybank, CGS International and OCBC have maintained their “buy” calls on Frasers Centrepoint Trust - THE EDGE SINGAPORE

Broker's Calls

Maybank, CGS International and OCBC have maintained their ‘buy’ calls on Frasers Centrepoint Trust

This comes following FCT’s 2HFY2024 announcement released on Oct 25.
DBS and Citi maintain ‘buy’ on Mapletree Pan Asia Commercial Trust - THE EDGE SINGAPORE

Broker's Calls

DBS and Citi maintain ‘buy’ on Mapletree Pan Asia Commercial Trust

Citi has a target price of $1.47, while DBS has upgraded its target price to $1.80 from $1.75 previously.

Broker's Calls

UOB Kay Hian maintains ‘buy’ on KORE, downgrades TP to 38 US cents

UOBKH analyst Jonathan Koh has lowered his FY2026 DPU forecast by 2% due to marginally lower occupancy.
Analysts pleased with KDC REIT’s 3QFY2024 results, see Guangdong DCs as key earnings driver - THE EDGE SINGAPORE

Broker's Calls

Analysts pleased with KDC REIT’s 3QFY2024 results, see Guangdong DCs as key earnings driver

KDC REIT reported a quarterly DPU of 2.501 cents, bringing its 9MFY2024 to above the consensus estimate at 77% of its full-year forecast.

Broker's Calls

DBS downgrades Yanlord Land Group to 'hold', but upgrades TP to 70 cents

The analysts expect Yanlord to record net losses in FY2024 to FY2025 forecasts.
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