SINGAPORE (Sept 26): CIMB is upgrading its call on Keppel DC REIT (KDCREIT) to “add” from “hold” previously, with an increased target price of $1.36.
In a Monday report, analyst Yeo Zhi Bin and Lock Mun Yee believe that the market has not fully reflected the trust’s latest acquisition of B10 data centre (DC) in Ireland.
See: Keppel DC REIT acquires second Dublin data centre for $101.3 mil
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)
