Keppel DC REIT started at "buy", $1.02 target by Deutsche Bank

Stock Name: Keppel DC Reit
Company Name: KEPPEL DC REIT

Research House: Deutsche Bank

Price Call: BUY

Target Price: 1.02

SINGAPORE (Jan 14): Deutsche Bank has started coverage on Keppel DC REIT with a "buy" rating and price target of $1.02 cents.

Rising demand for data storage, a "visible" acquisition pipeline and a strong balance sheet will support growth for Asia's first data-centre REIT, according to Deutsche Bank analysts Man Chien-Fie and Joy Wang.