Morningstar, meanwhile, gives FLCT a “three-star” rating and a fair value estimate of $1.14.
OCBC Investment Research (OIR) and Citi Research have maintained their respective “buy” calls on Frasers Logistics & Commercial Trust (SGX:BUOU
) (FLCT) following its 2HFY2024 ended Sep 30 results.
However, citing a softer market and forex volatility, they have lowered their target prices to $1.28 and $1.16 from $1.35 and $1.24, respectively.
