PhillipCapital is keeping its “accumulate” rating on Dasin Retail Trust with a lowered target price of 78 cents from 82 cents previously.
On the positive side, the PhillipCapital research team likes the stock for its partnership with Sino-Ocean. “While ARA is a globally renowned real-estate name, a partnership with China-focused Sino-Ocean does have merits like possible synergies in real estate management,” says the team.
