This follows the announcement of FCT’s latest 2Q results, which came in line with both research houses’ expectations with a 2% higher DPU of 3.10 cents from 3.04 cent a year ago.
SINGAPORE (Apr 26): Maybank Kim Eng, CIMB and OCBC are maintaining their “buy” recommendations on Frasers Centrepoint Trust (FCT) with the respective target prices of $2.55, $2.41 and $2.49.
On the other hand, Phillip Capital is reiterating its “neutral” rating on the trust with a $2.14 target price.
