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Brokers’ Digest: OUE REIT, CSE Global, Sheng Siong, FCT, Singtel, CapitaLand Investment

The Edge Singapore
The Edge Singapore • 21 min read
Brokers’ Digest: OUE REIT, CSE Global, Sheng Siong, FCT, Singtel, CapitaLand Investment
Crowne Plaza at Changi Airport, one of OUE REIT's hotels. Photo: OUE REIT
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OUE REIT
Price target:
CGS International ‘hold’ 30 cents

Hospitality segment’s star performer

CGS International analysts Lock Mun Yee and Natalie Ong have kept their “hold” call on OUE (SGX:LJ3) REIT even though its gross revenue and net property income (NPI) for 1QFY2024 ended March 31 stood in line with their full-year estimates.

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