The analyst, who has kept his “buy” call on Centurion, believes that the company’s business model of purpose-built workers’ accommodation (PBWA) and purpose-built students’ accommodation (PBSA), will insulate its revenues and profitability from externally-caused shocks brought on by the tariffs.
UOB Kay Hian analyst Adrian Loh has raised his target price on Centurion Corporation (SGX:OU8
) to $1.48 from $1.16 previously as the stock is deemed as a “safe harbour” amid US President Donald Trump’s “tragic tariffs”.
“Centurion remains a key stock for investors in turbulent times, in our view,” Loh writes in his April 14 report.
