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'Buy' IREIT Global as it builds scale and resilience: RHB

Atiqah Mokhtar
Atiqah Mokhtar8/27/2021 4:24 PM GMT+08  • 2 min read
'Buy' IREIT Global as it builds scale and resilience: RHB
RHB has upped its TP for IREIT Global to 74 cents.
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RHB Group Research analyst Vijay Natarajan has reiterated his “buy” call for IREIT Global with a higher target price of 74 cents in a research note dated August 27.

His target price has increased to 74 cents from 70 cents previously. “Valuation is attractive with the REIT trading at 0.8 times P/BV,” he says.

See also: KGI initiates coverage on iREIT Global with 'outperform', target price of 69 cents

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