Multiple catalysts in the works for OUE Hospitality Trust
Michelle Zhu • • 2 min read
SINGAPORE (May 5): OCBC Investment Research and DBS Vickers Securities are both reiterating their “buy” calls on OUE Hospitality Trust (OUE HT) with a fair value and price target estimate of 75 cents and 76 cents respectively.
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SINGAPORE (May 5): OCBC Investment Research and DBS Vickers Securities are both reiterating their “buy” calls on OUE Hospitality Trust (OUE HT) with a fair value and price target estimate of 75 cents and 76 cents respectively.
This comes after the trust’s manager on Thursday reported a 18.2% growth in 1Q distribution per unit (DPU) to 1.3 cents.
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