Analysts from OCBC Investment Research (OIR) and UOB Kay Hian are maintaining “hold” on Mapletree Logistics Trust (MLT) despite the REIT’s results for the 1QFY2021/2022 ended June coming in line with their expectations.

The analysts have also kept their target prices at $2.10 and $2.08 for OCBC and UOB Kay Hian respectively.

On July 19, MLT reported distribution per unit (DPU) of 2.161 cents for the quarter, 5.7% higher than 1QFY2020/2021 DPU of 2.045 cents.

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