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Multiple catalysts in the works for OUE Hospitality Trust

Michelle Zhu
Michelle Zhu5/5/2017 11:22 AM GMT+08  • 2 min read
Multiple catalysts in the works for OUE Hospitality Trust
SINGAPORE (May 5): OCBC Investment Research and DBS Vickers Securities are both reiterating their “buy” calls on OUE Hospitality Trust (OUE HT) with a fair value and price target estimate of 75 cents and 76 cents respectively.
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SINGAPORE (May 5): OCBC Investment Research and DBS Vickers Securities are both reiterating their “buy” calls on OUE Hospitality Trust (OUE HT) with a fair value and price target estimate of 75 cents and 76 cents respectively.

This comes after the trust’s manager on Thursday reported a 18.2% growth in 1Q distribution per unit (DPU) to 1.3 cents.

(See also: OUE Hospitality Trust posts 18.2% increase in 1Q DPS of 1.3 cents)

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