OCBC upgrades Frasers Centrepoint Trust to buy

Stock Name: FrasersCT
Company Name: FRASERS CENTREPOINT TRUST

Research House: OCBC

Price Call: BUY

Target Price: 1.68

OCBC Investment Research has upgraded Frasers Centrepoint Trust (FCT) (FCRT.SI), which owns shopping malls in Singapore, to buy from hold and raised its target price to $1.68 from $1.57.