Analysts are mixed on Mapletree Commercial Trust (MCT) with CGS-CIMB Research and OCBC Investment Research (OIR) maintaining “hold” calls on the REIT and DBS Group Research as well as Maybank Kim Eng keeping "buy" on the REIT.

CGS-CIMB Research has given a target price estimate of $2.32 from $2.26 previously, while OCBC has increased its fair value estimate to $2.20 from $2.18. DBS, on the other hand, has maintained its target price estimate of $2.25. Maybank Kim Eng has upped its target price on the REIT to $2.35 from $2.30 previously.

MCT, on April 27, reported distribution per unit (DPU) of 9.49 cents for the FY2020/2021 ended March, 18.6% higher than DPU of 8.00 cents the year before.

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