There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on Keppel REIT (KREVF – Research Report) and CapitaLand Ascendas REIT (ACDSF – Research Report) with bullish sentiments.
Keppel REIT (KREVF)
UOB Kay Hian analyst Jonathan Koh maintained a Buy rating on Keppel REIT today and set a price target of S$1.20. The company’s shares closed last Friday at $0.62.
According to TipRanks.com, Koh has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Keppel REIT with a $0.73 average price target.
See the top stocks recommended by analysts >>
CapitaLand Ascendas REIT (ACDSF)
In a report issued on April 22, Lock Mun Yee from CGS-CIMB reiterated a Buy rating on CapitaLand Ascendas REIT, with a price target of S$3.06. The company’s shares closed last Tuesday at $1.83, close to its 52-week low of $1.78.
According to TipRanks.com, Yee ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
CapitaLand Ascendas REIT has an analyst consensus of Moderate Buy, with a price target consensus of $2.32, a 26.8% upside from current levels. In a report released yesterday, DBS also maintained a Buy rating on the stock with a S$3.25 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on KREVF:
