On the other hand, CGS-CIMB lowered its target price from $3.08 to $2.97, while OCBC Investment Research cut its fair value estimate from $3.05 to $2.91.
Analysts from CGS-CIMB Research, Citi Research, DBS Group Research, Maybank Securities, OCBC Investment Research and UOB Kay Hian are keeping their “add” or “buy” recommendations on Mapletree Industrial Trust (MINT) after the REIT posted a strong set of results for the 1QFY2023 ended June on July 25.
Of the six brokerages, DBS, Maybank Securities, Citi Research and UOB Kay Hian have kept their target prices of $ 3.05, $3.00 and $3.15, and $3.36 respectively.
