DBS Group Research is keeping its “buy” recommendation with a lowered target price of $1.75.
SINGAPORE (Feb 3): Amid the coronavirus outbreak, units in CDL Hospitality Trusts (CDLHT) has shed about 13 cents since Jan 20 to trade at $1.53 on Monday. The stock is currently trading at a 52-week low.
However, some analysts feel that this is an opportunity to “buy” on the unit price’s dip.
