Far East Hospitality Trust (FEHT)

SINGAPORE (Jan 15): CIMB is maintaining its “add” call on Far East Hospitality Trust (FEHT) with a target price of 82 cents.

SINGAPORE (Jan 4): CIMB is "overweight" on the hospitality REIT sub-sector given RevPAR for Singapore hotels is expected to recover stronger at 7% y-o-y in 2018 versus 3% previously.

SINGAPORE (Dec 1): OCBC Investment Research is maintaining a “neutral” rating on Singapore’s hospitality sector, given currently rich valuations.

SINGAPORE (Nov 7): OCBC Investment Research is keeping its “hold” call on Far East Hospitality Trust (FEHT) with a slightly lower fair value estimate of 65 cents, from 66 cents previously.

SINGAPORE (Nov 3): CIMB says Far East Hospitality Trust should see better days ahead as 3Q17 hotel RevPAR inched up by 0.4% y-o-y, the first uptick the hospitality REIT has seen in this downcycle.

SINGAPORE (Nov 2): Far East Hospitality Trust (FEHT) announced that 3Q17 DPS dropped 8% to 1.03 cents compared to 1.12 cents in 3Q16.

SINGAPORE (Aug 7): CIMB Research is maintaining its “hold” rating on Far East Hospitality Trust with an unchanged price target of 66 cents on an “as-it-is” basis, after the REIT’s 2Q17 results came in broadly in line with the research house’s

SINGAPORE (Aug 4): The manager of Far East Hospitality Trust (FEHT) has declared a distribution per stapled security (DPS) of 0.97 cent for the 2Q17 ended June, down 4% from the 1.01 cents DPS posted in 2Q16 due to lower revenue.

SINGAPORE (July 4): OCBC continues to remain “neutral” on Singapore’s hospitality sector given the recent compression in yields, while highlighting OUE Hospitality Trust (OUEHT) as its top and only “buy” pick with a fair value estimate of 75 cen

SINGAPORE (June 15): CIMB Research is maintaining its “hold” call on Far East Hospitality Trust (FEHT) on an “as is” basis with a higher price target of 63 cents from 57 cents previously due to a sector-wide fall in Singapore’s discount rate.