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Analysts see Netlink NBN Trust to benefit from interest rate cycle turns, Citi raises TP to $1.03

Douglas Toh
Douglas Toh • 5 min read
Analysts see Netlink NBN Trust to benefit from interest rate cycle turns, Citi raises TP to $1.03
The group posted a stable regulated asset base revenue y-o-y despite reduction in its regulated pricing from April. Photo: Bloomberg
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The analysts at Maybank Securities, Citi Research and OCBC Investment Research (OIR) are all keeping their “buy” calls on NetLink NBN Trust following the group’s 1HFY2025 ended Sept results.

While Maybank Securities analyst Hussaini Saifee has kept his target price of 97 cents unchanged, Citi Research’s Luis Hilado and Arthur Pineda as well as the OIR team have respectively raised their target prices of $1.03 from $1.00 previously and their fair value to $1.01 from 97 cents previously.

Meanwhile, PhilipCapital analyst Paul Chew has kept his “neutral” call and target price of 87 cents unchanged.

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