SINGAPORE (May 18): DBS Research Group is maintaining its ‘hold’ call on dormitory operatory Centurion Corp, but at a revised target price of 42 cents. This is up 1 cent from its previous 41 cent call, analyst Ling Lee Keng says in a May 18 note.
Her move comes as the operator’s late April announcement on allowing residents at its purpose-built student accommodation (PBSA) properties in the UK to terminate their leases early, fetched “lower than expected requests”.
