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Analysts mixed on SPH REIT's positive rental reversions amid impacted tenant sales from Covid-19

Felicia Tan
Felicia Tan • 3 min read
Analysts mixed on SPH REIT's positive rental reversions amid impacted tenant sales from Covid-19
The REIT's FY2020 DPU of 2.72 cents fell short of both brokerage's forecasts for the full year ended August.
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Analysts from CGS-CIMB and DBS Group Research are mixed on SPH REIT’s 4Q2020 results released on the evening of Oct 6.

CGS-CIMB analysts Eing Kar Mei and Lock Mun Yee have maintained their "add" call on the counter with a lower target price of $1.07 from $1.10 previously.

TAGS
SPH REIT
Broker's calls
DBS Group Research
Eing Kar Mei
Lock Mun Yee
Covid-19
Derek Tan
Singapore research team
4Q2020
Australia
Monetary Authority of Singapore (MAS)
CGS International

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