Hutchinson Port Holdings Trust (HPHT)

Following the sale, DBS’s stake in Hutchison Port Holdings Trust came up to 0.809%.

The DBS analysts further expect distribution to be increased to 20 HK cents per unit for the coming FY2024

OCBC analyst Chu Peng has kept a “buy” rating for HPH Trust with a lower target price of 26 US from 28 US cents previously.

Even as the optimism on the reopening of Singapore lifts the STI, it may be close to a peak, says DBS.

The FY2021 DPU of 14.50 HK cents stood higher than the guidance of 11-13 HK cents given previously.

The development fee payable to HPH Trust's trustee-manager is currently estimated to be around US$15.2 million.

“We expect FY2021F earnings to be flat from FY2020 due to much lower government support offset by some improvement in throughput."

Here are some stocks to focus on this week.

REITs and business trusts are expected to remain promising investment options, say Maybank Kim Eng analysts

DBS Group Research has upgraded its rating for Hutchinson Port Holdings Trust (HPH Trust) to “buy” from “hold” with a target price of 14 US cents (19.1 cents), up from the previous target price of 12 US cents.