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DBS keeps Perennial Real Estate on 'buy' given deep discount to RNAV

PC Lee
PC Lee • 2 min read
DBS keeps Perennial Real Estate on 'buy' given deep discount to RNAV
SINGAPORE (Nov 9): DBS is maintaining its “buy” rating on Perennial Real Estate Holdings with $1.05 target price given the stock currently trades at 0.5x P/BV, offering upside as it gradually realises its RNAV potential.
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