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Analysts mixed on OUE Commercial REIT's 1H21 performance and outlook

Atiqah Mokhtar
Atiqah Mokhtar8/3/2021 04:01 PM GMT+08  • 3 min read
Analysts mixed on OUE Commercial REIT's 1H21 performance and outlook
DBS has a "buy" call for the REIT, while CGS-CIMB kept its rating at "hold".
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CGS-CIMB Research and UOB Kay Hian have had somewhat mixed reactions following OUE Commercial REIT’s (OUE C-REIT) following its 1HFY2021 ended June results release on July 29.


See: OUE C-REIT posts 23% higher DPU of 1.23 cents for 1H21

CGS-CIMB Research has kept its “hold” call for the REIT but with a higher target price of 45 cents, up from 42 cents previously. DBS Group Research, on the other hand, has kept its “buy” call and target price of 50 cents unchanged.

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