Analysts from CGS-CIMB Research and OCBC Investment Research have maintained “buy” on UOL with higher target prices on the property company’s diversified portfolio, healthy balance sheet, as well as its ability to embark on redevelopment projects and asset enhancement initiatives (AEIs).
UOL Group
Price target:
CGS-CIMB “buy” $7.91
OCBC “buy” $8.91
Asset enhancement opportunities spur higher target prices
