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Analysts Offer Insights on Real Estate Companies: Sunlight Real Estate Investment (OtherSHTRF) and CapitaLand Ascendas REIT (OtherACDSF)

There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on Sunlight Real Estate Investment (SHTRFResearch Report) and CapitaLand Ascendas REIT (ACDSFResearch Report) with bullish sentiments.

Sunlight Real Estate Investment (SHTRF)

In a report released today, Jeff Yau from DBS maintained a Buy rating on Sunlight Real Estate Investment, with a price target of HK$2.67. The company’s shares closed last Monday at $0.38.

According to TipRanks.com, Yau is a 1-star analyst with an average return of -7.5% and a 25.9% success rate. Yau covers the NA sector, focusing on stocks such as Prosperity Real Estate Investment, Wharf Real Estate Investment Co, and Champion Real Estate Investment.

Currently, the analyst consensus on Sunlight Real Estate Investment is a Moderate Buy with an average price target of $0.34.

See the top stocks recommended by analysts >>

CapitaLand Ascendas REIT (ACDSF)

DBS analyst Dale Lai maintained a Buy rating on CapitaLand Ascendas REIT today and set a price target of S$3.25. The company’s shares closed last Monday at $1.85, close to its 52-week low of $1.78.

According to TipRanks.com, Lai has 0 stars on 0-5 stars ranking scale with an average return of -11.4% and a 19.2% success rate. Lai covers the NA sector, focusing on stocks such as Frasers Logistics & Commercial Trust, Keppel DC REIT, and ESR-REIT.

Currently, the analyst consensus on CapitaLand Ascendas REIT is a Moderate Buy with an average price target of $2.32.

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