Home Capital Broker's Calls

Mapletree Log target price revised upwards on Tsing-Yi acquisition

Samantha Chiew
Samantha Chiew10/25/2017 12:26 PM GMT+08  • 2 min read
Mapletree Log target price revised upwards on Tsing-Yi acquisition
SINGAPORE (Oct 25): Maybank Kim Eng is revising the target price of Mapletree Logistics Trust (MLT) upwards to $1.25 given the Tsing-Yi acquisition and following its 2Q18 results.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Oct 25): Maybank Kim Eng is revising the target price of Mapletree Logistics Trust (MLT) upwards to $1.25 given the Tsing-Yi acquisition and following its 2Q18 results.

However, the research house is maintaining its "hold" call given logistics supply challenges.

Maybank is also reiterating its "buys" on Ascedas REIT with $2.90 target price and Mapletree Industrial Trust with $2.05 target price for their stronger acquisitive growth outlook as they push on to deliver on their potentially debt-fuelled inorganic growth mandates.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.