Analysts from CGS-CIMB Research, DBS Group Research, RHB Group Research and UOB Kay Hian have kept “add” or “buy” on ARA LOGOS Logistics Trust (ALOG) after the REIT posted 10.6% higher DPU of 2.57 cents for the 1HFY2021 ended June on July 22.
The stronger results were attributable to the higher revenue from the REIT’s Australian portfolio acquisition.
On this, the analysts have also increased their target price estimates on the REIT.
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