Analysts mostly maintain ‘hold’ calls on Suntec REIT following the release of 1HFY2024 results

CGS International (CGSI), DBS Group Research, Maybank Securities and OCBC Investment Research (OIR) have kept their “hold” calls on Suntec REIT following the release of the REIT’s 1HFY2024 results ended June 30. 

CGSI, DBS and Maybank have left their target prices unchanged at $1.22, $1.15 and $1.10 respectively, while OIR has increased its target price to $1.15 from $1.06 previously.