CICT performed within analysts' expectations as most maintain TPs starting from $2.20

Analysts from CGS-CIMB Research, Citi Research, Maybank Kim Eng and UOB Kay Hian have maintained “add” or “buy” on CapitaLand Integrated Commercial Trust (CICT) as they see the REIT as “well placed” to benefit from a macro recovery.

Analysts from PhillipCapital and RHB Group Research have also kept their “accumulate” and “neutral” calls on the REIT as they see it on the mend albeit dampened by the containment measures brought about by the Covid-19 pandemic.