Analysts from Citi Research, DBS Group Research, OCBC Investment Research (OIR) and Soochow CSSD Capital Markets have kept their “buy” calls on ESR-REIT following the REIT’s 2QFY2021 results.


See: ESR-REIT sees 13.9% higher DPU of 0.754 cents for 2Q21; 14.3% higher DPU of 1.554 cents for 1H21 and CGS-CIMB raises TP for ESR-REIT on acquisitions and potential inclusion in FTSE EPRA Nareit Index


Daiwa Capital Markets has maintained “hold” on the REIT while Morningstar Equity Research has rated it at three stars out of five, which means that the brokerage believes that investors are likely to receive a fair risk-adjusted return (approximately cost of equity).

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