The analyst, who has kept his “buy” call on Centurion, believes that the company’s business model of purpose-built workers’ accommodation (PBWA) and purpose-built students’ accommodation (PBSA) will insulate its revenues and profitability from externally caused shocks brought on by the tariffs.
UOB Kay Hian analyst Adrian Loh has raised his target price on Centurion Corporation (SGX:OU8
) to $1.48 from $1.16. The stock is deemed a “safe harbour” amid US President Donald Trump’s “tragic tariffs”.
“Centurion remains a key stock for investors in turbulent times, in our view,” Loh writes in his April 14 report.
