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3Q earnings keep CapitaLand’s outlook rooted in positivity

Broker's Calls

3Q earnings keep CapitaLand’s outlook rooted in positivity

Michelle Zhu Published on Thu, Nov 10, 2016 / 1:04 PM GMT+8

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SINGAPORE (Nov 10): UOB Kay Hian is keeping CapitaLand at “buy” with a target price of $4.05, after the property group on Wednesday announced a 28% increase in 3Q earnings to $247.5 million on better operating performance, boosted by contributions from residential projects in Singapore and China.

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