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Analysts positive on MCT despite 1H DPU, expects DPUs to recover in FY21

Felicia Tan
Felicia Tan • 4 min read
Analysts positive on MCT despite 1H DPU, expects DPUs to recover in FY21
As at 12.33pm, units in MCT are trading flat at $1.85.
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Analysts from DBS Group Research, Maybank Kim Eng and UOB Kay Hian have maintained their “buy” calls and target prices of $2.25, $2.15 and $2.35 respectively on Mapletree Commercial Trust (MCT) despite the decline in its 1HFY2020/2021 distribution per unit (DPU) announced on Oct 22.


For 1HFY2020/2021 ended September, MCT reported a 9.9% y-o-y drop in DPU to 4.17 cents.

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