In its 2HFY2024 results, FCT posted a robust operating performance that was supported by high committed portfolio occupancy and high single-digit positive reversion.
Maybank Securities, CGS International and OCBC Investment Research (OIR) have maintained their “buy” calls on Frasers Centrepoint Trust (SGX:J69U
) (FCT) following its 2HFY2024, ended Sept 30, announcement released on Oct 25.
OIR has increased its fair value estimate to $2.53, up from $2.46 previously. CGSI has kept its target price unchanged at $2.68, while Maybank has downgraded its target price to $2.50, from $2.55 previously.
