CapitaLand gets a 'buy' from OCBC on positive 3Q results

SINGAPORE (Nov 10): OCBC is maintaining its “buy” call on CapitaLand with a fair value estimate of $4.13.

This came after CapitaLand on Wednesday announced that its 3Q17 earnings was up 28% y-o-y to $317 million, while 9M17 earnings was up $68.9% y-o-y to $1.3 billion.