Centurion Corporation

Analyst Adrian Loh has kept his “buy” call with a higher target price of $1.11, from 85 cents previously.

Analyst Yik Ban Chong says that Centurion has a positive growth pipeline, with ongoing capacity expansions to its purpose-built student accommodation and purpose-built worker’s accommodation segments.

We will continue to explore more opportunities to grow our AUM through asset-light means, especially with rising institutional interest in the worker accommodation asset class: CEO Kong

See what the analysts say this week.

Following the completion of the share subscription, COI(II)PL and Centurion Properties Australia Investments will hold a 25% and 75% stake respectively.

Analyst Alfie Yeo raises his Singapore PBWA bed rate assumptions for FY2025-FY2026 by 10%-15% to $400-$450 per bed per month.

Centurion's subsidiary entered into a cooperation framework agreement with City Home to create two JVCos.

Analyst Chan En Jie's new target price is still based on a core FY2025 P/E of 7.1 times.

Analysts at CGSI, RHB and UOBKH have all raised their respective target prices of 78 cents, 76 cents and 85 cents.

See what the analysts say this week.