CDL Hospitality Trusts (CDLHT)

Results

CDLHT reports 3QFY2023 revenue of $70.1 mil, 19.7% higher y-o-y

For the 9MFY2023, CDLHT’s total revenue grew by 20.4% y-o-y to $189.3 million.

Broker's Calls

UOB Kay Hian sees ‘seasonally stronger’ 2H2023 and ‘continued recovery’ in 2024 for hospitality REITs

Analyst Jonathan Koh has kept his "buy" call for FEHT, CDLHT and CLAS with target prices of 75 cents, $1.48 and $1.35 respectively

Broker's Calls

UOB Kay Hian keeps 'buy' on CDL Hospitality Trusts with lower TP of $1.48

Analyst Jonathan Koh says the REIT will benefit from increased contributions from Grand Copthorne Waterfront Hotel in 2HFY2023.

Broker's Calls

RHB upgrades CDLHT to ‘buy’ after recent selloff

“We believe the weakness presents a buying opportunity for investors looking to re-enter the Singapore hospitality sector": RHB.

Broker's Calls

DBS Group Research keeps ‘buy’ with marginally lowered target price on CDL Hospitality Trusts

DBS Group Research is maintaining its “buy” call on CDL Hospitality Trust (CDLHT)
CDLHT reports 23% y-o-y surge in 1HFY2023 DPS of 2.51 cents - THE EDGE SINGAPORE

Results

CDLHT reports 23% y-o-y surge in 1HFY2023 DPS of 2.51 cents

Total distribution to stapled security holders for the six-month period rose by 23.8% y-o-y to $31.2 million.

Broker's Calls

RHB keeps CDL Hospitality Trusts 'neutral' amidst a slow recovery

RHB may be upbeat on CDLHT's recovery but spots some bumps up ahead.
Analysts mixed on CDL Hospitality Trusts despite 'stellar performance' in core Singapore market for 1QFY2023 - THE EDGE SINGAPORE

Broker's Calls

Analysts mixed on CDL Hospitality Trusts despite 'stellar performance' in core Singapore market for 1QFY2023

UOB Kay Hian and CGS-CIMB have kept their "buy" and "add" calls, while Citi has maintained its "sell" rating.
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