Far East Hospitality Trust (FEHT)

Analysts positive on FEHT recovery after strong 1QFY2023 performance - THE EDGE SINGAPORE

Broker's Calls

Analysts positive on FEHT recovery after strong 1QFY2023 performance

Citi and Maybank analysts have maintained their “buy” calls for FEHT with unchanged target prices of 70 cents and 80 cents.

Results

FEHT reports 24.1% higher distributable income of $18.2 mil in 1QFY2023 update

FEHT's gross revenue and NPI also improved on a y-o-y basis during the quarter.
Volatile hospitality trusts have their day in the sun - THE EDGE SINGAPORE

REITs

Volatile hospitality trusts have their day in the sun

Hospitality trusts are a tad more challenging to manage than other REITs
Brokers' Digest: FEHT, SGX Group, SATS, Civmec, Food Empire - THE EDGE SINGAPORE

Broker's Calls

Brokers' Digest: FEHT, SGX Group, SATS, Civmec, Food Empire

See what the analysts have to say this week.
Analysts lift Far East Hospitality Trust's TP on the back of higher FY2022 DPS - THE EDGE SINGAPORE

Broker's Calls

Analysts lift Far East Hospitality Trust's TP on the back of higher FY2022 DPS

DBS has upped its TP to 74 cents while CGS-CIMB has upped its TP to 79 cents.

Results

Far East Hospitality Trust reports DPS of 1.73 cents for 2HFY2022, 13.1% higher y-o-y

For the FY2022, DPS grew by 24.3% to 3.27 cents, up from the DPS of 2.63 cents in the FY2021.

Broker's Calls

Not 'too late' to get in on hospitality rebound action for S-REITs in 2023: CGS-CIMB

Analysts are keeping “overweight” on the property sector in Singapore as the hospitality industry prepares for a “big rebound”.
Hotel and hospitality S-REITs to benefit as China reopens - THE EDGE SINGAPORE

Broker's Calls

Hotel and hospitality S-REITs to benefit as China reopens

S-REITs will benefit from China's reopening as the country opens to the world, as well as REITs that have exposure to China.

Broker's Calls

Broker's Digest: Thai Beverage, China Sunsine, Far East Hospitality Trust

Stocks to watch this week: Thai Beverage, China Sunsine, Far East Hospitality Trust
Far East Hospitality Trust a 'pure play' on room rate recovery: UOB Kay Hian - THE EDGE SINGAPORE

Broker's Calls

Far East Hospitality Trust a 'pure play' on room rate recovery: UOB Kay Hian

Analyst Jonathan Koh has maintained his “buy” call for FEHT with a TP of 71 cents.
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