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Broker's Calls
Analysts lower TPs on Keppel DC REIT; CGS-CIMB downgrades to ‘hold’
The analysts' target prices now range from $1.81 to $2.20.
January 29, 2024
Results
Keppel DC REIT reports FY2023 DPU of 9.383 cents, 8.1% lower y-o-y
The lower DPU was due to higher finance costs and loss allowances for the uncollected rental from the Guangdong data centres.
January 26, 2024
Broker's Calls
Brokers' digest: Jumbo Group, China Aviation Oil, Keppel DC REIT
See what the analysts have to say this week.
January 19, 2024
Broker's Calls
UOB Kay Hian initiates ‘buy’ on Keppel DC REIT with TP of $2.10
The analysts see more potential from the REIT as AI becomes more deeply integrated into our daily lives.
January 11, 2024
Broker's Calls
Citi lowers Keppel DC REIT’s TP to $2.18 after the REIT’s LOD to Guangdong DCs
Citi's Lee has also cut his DPU estimates for FY2023, FY2024 and FY2025 by 1.6%, 8.3% and 8.3% .
December 18, 2023
Right Timing
Technicals versus fundamentals highlight poor sentiment surrounding acquisitions
Price action suggests investors don't like acquisitions or hints of acquisitions in this part of rate cycle
October 19, 2023
Results
Keppel DC REIT reports lower 3QFY2023 DPU of 2.492 cents
Higher finance cost and less favorable forex hedges has weighed on the REIT’s DPU and distributable income for this quarter.
October 16, 2023
Broker's Calls
Accretive acquisitions the next catalyst for Keppel DC REIT, say analysts
DBS Group Research has raised its TP to $2.45 while Citi Research has kept its TP at $2.16.
July 25, 2023
Results
Keppel DC REIT reports stable 1HFY2023 DPU of 5.051 cents
Unitholders will receive their distributions on Sept 14.
July 24, 2023
Broker's Calls
Analysts mixed on Keppel DC REIT’s acquisition prospects in FY2023
CGS-CIMB and DBS have maintained 'add' and 'buy' calls while Citi and OCBC have kept to 'neutral' and 'hold'.
February 03, 2023