RHB analyst Vijay Natarajan notes that “Elite UK REIT’s 3QFY2024 numbers were slightly ahead on lower financing costs.”
RHB Bank Singapore and PhillipCapital have maintained their “buy” calls on Elite UK REIT while upgrading their target price. This follows the REIT’s 3QFY2024 update, which was released on Nov 5.
RHB Bank Singapore has upgraded its target price to 35 British pence (60 cents), up from 31 British pence previously. PhilipCapital has increased its target price to 34 British pence, up from 32 British pence previously.
