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Home Suntec Real Estate Investment Trust (Suntec REIT)
Broker's Calls
RHB upgrades Suntec REIT to ‘buy’ on strong operational metrics; analysts up TPs on forward estimates
Analysts from CGS-CIMB, DBS, Maybank and OCBC have kept their "hold" calls while Citi has kept its "sell" rating.
January 25, 2024
Results
Suntec REIT reports FY2023 DPU of 7.135 cents, 19.7% lower y-o-y
The REIT's distributable income for the year fell by 19.1% y-o-y to $206.8 million.
January 24, 2024
Broker's Calls
Brokers' Digest: Suntec REIT, Tiong Woon, MLT, Keppel DC REIT, ComfortDelGro, Hyphens Pharma, Frencken
See what the analysts have to say this week.
October 27, 2023
Broker's Calls
Analysts mostly negative on Suntec REIT after 3QFY2023 business update; TPs range from $1.10 to $1.47
PhillipCapital was the only brokerage to keep its ‘buy’ call and target price unchanged at $1.47.
October 24, 2023
Results
Suntec REIT’s 3QFY2023 DPU down 14.0% y-o-y but up by 3.1% q-o-q
Unitholders will receive their DPUs on Nov 29.
October 20, 2023
Broker's Calls
Brokers’ Digest: Hong Leong Asia, Lendlease REIT, Suntec REIT, Frencken, Venture
See what the analysts have to say this week.
September 15, 2023
Broker's Calls
PhillipCapital initiates ‘buy’ on Suntec REIT, calling it ‘the discounted gem’
Analyst Liu Miaomiao has given Suntec REIT a target price of $1.47.
September 12, 2023
Results
Suntec REIT’s 1HFY2023 DPU drops by 27.7% y-o-y to 3.476 cents on higher financing costs and weaker forex
Unitholders will receive their distributions on Aug 29.
July 26, 2023
Broker's Calls
DBS downgrades Suntec REIT to 'hold'; analysts see 'mixed performance' from 1QFY2023 results
There is a “sell” call from OCBC Investment Research and two “hold” calls from CGS-CIMB Research and DBS Group Research.
April 28, 2023
Results
Suntec REIT reports 27.4% lower DPU of 1.737 cents in 1QFY2023
Unitholders will receive their DPUs on May 30.
April 26, 2023