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Home / Capital / Brokers Calls

OUE Hospitality Trust's early refinancing to result in higher DPU, says RHB

Broker's Calls

OUE Hospitality Trust's early refinancing to result in higher DPU, says RHB

Michelle Zhu Published on Wed, Jan 03, 2018 / 10:45 AM GMT+8

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SINGAPORE (Jan 3): RHB is maintaining its “buy” call on OUE Hospitality Trust (OUE HT), while raising its target price on the REIT to 91 cents from 88 cents previously to factor in a cost of equity (COE) of -7.2% and 2% terminal growth for FY18F and FY19F, respectively.

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