Stock Name: Croesus RTrust
Company Name: CROESUS RETAIL TRUST
Company Name: CROESUS RETAIL TRUST
| Research House: CIMB | Price Call: BUY | Target Price: 1.10 |
SINGAPORE (Feb 12): CIMB is maintaining its "add" rating and target price of $1.10 on Croesus Retail Trust as 2Q results were boosted by contributions from recent purchases.
The group's 1H distribution per unit was also in line, meeting 50% of CIMB's FY2015 forecast.
Croesus Retail Trust reported 2Q revenue of ¥1,952 million largely due to contributions from recent acquisitions such as Luz Omori and Croesus Tachikawa as well as 2.5 month rental from One's Mall.
No comments:
Post a Comment