That said, the analyst had increased her target price estimate to 51 cents from 47.4 cents in her previous July 25 report. At the time, Lock had increased her DPU estimates for the FY2022 and FY2023 respectively, while lowering her FY2024 DPU estimate by 0.81%.
CGS-CIMB Research analyst Lock Mun Yee is keeping her “add” call on ESR-LOGOS REIT (E-LOG) after the REIT posted its first results for the 1HFY2022 after its merger with ARA LOGOS Logistics Trust (ALOG).
Lock has kept her target price of 51 cents and her distribution per unit (DPU) estimates unchanged for the FY2022 to FY2024 in her report dated July 27.
