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Soft retail market robs CapitaLand Mall Trust of bright spots for now: RHB

Michelle Zhu
Michelle Zhu10/24/2017 1:48 PM GMT+08  • 2 min read
Soft retail market robs CapitaLand Mall Trust of bright spots for now: RHB
SINGAPORE (Oct 24): RHB is maintaining its “neutral” call on CapitaLand Mall Trust (CMT) with an unchanged price target of $2.08 based on a cost of equity (CoE) of -6.9% and terminal growth (TG) of -1.5%.
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SINGAPORE (Oct 24): RHB is maintaining its “neutral” call on CapitaLand Mall Trust (CMT) with an unchanged price target of $2.08 based on a cost of equity (CoE) of -6.9% and terminal growth (TG) of -1.5%.

CMT last week announced a 3Q distribution per unit (DPU) of 2.78 cents, unchanged from a year ago and in line with RHB’s expectations.


See: CapitaLand Mall Trust's 3Q DPU holds steady at 2.78 cents

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