As Parkway Life REIT registered another quarter of growth in the 2QFY2021 ended June, CGS-CIMB Research analysts Lock Mun Yee and Eing Kar Mei have kept “add” on the REIT with an unchanged target price of $5.05.
See: Parkway Life REIT posts 0.7% higher 2Q21 DPU of 3.38 cents; 4% higher 1H21 DPU of 6.95 cents
The REIT’s 1HFY2021 distribution per unit (DPU) of 6.95 cents stood within their expectations at 49.2% of their FY2021 forecast, they write in a July 27 report.
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)