Home Capital Broker's Calls

4 reasons why APAC Realty is the best proxy to Singapore's residential boom: RHB

Michelle Zhu
Michelle Zhu11/30/2017 9:53 AM GMT+08  • 3 min read
4 reasons why APAC Realty is the best proxy to Singapore's residential boom: RHB
SINGAPORE (Nov 30): RHB Research is starting coverage on APAC Realty at “buy” with a target price of $1.20 which is 15 times FY18 earnings or 15% lower than P/E of global peers.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Nov 30): RHB Research is starting coverage on APAC Realty at “buy” with a target price of $1.20 which is 15 times FY18 earnings or 15% lower than P/E of global peers.

In a Thursday report, analyst Vijay Natarajan notes that the stock offers an attractive 4.45% dividend yield for FY18, based on a management guided payout ratio of 50%.

Natarajan says APAC Realty as the “best proxy for investors looking to tap into the surging residential volumes in Singapore”.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.