Analysts from CGS-CIMB and UOB Kay Hian remain upbeat on Suntec REIT after it reported 1HFY2021 ended June DPU of 4.154 cents on July 22, in line with their expectations.

See also: Suntec REIT posts 14.6% higher distributable income of $118.2 mil for 1HFY21

UOB Kay Hian has kept its “buy” call for the counter with a higher target price of $1.78, up from $1.72 previously, while CGS-CIMB has kept its “add” call and target price of $1.79 unchanged.

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