CGS-CIMB Research analysts Natalie Ong and Lock Mun Yee have downgraded MPACT to “hold” with a lower target price of $1.90 from $2.08 previously.
Analysts are mixed on their outlook for Mapletree Pan Asia Commercial Trust (MPACT) (SGX:N2IU
) after the trust announced its results for the 4QFY2023 ended March on April 27.
Excluding the one-off release of retained cash in 4QFY2022 of 0.47 cents, MPACT’s 4QFY2023 DPU was flat y-o-y at 2.25 cents.
