Global Logistic Properties started at "buy", $3.10 target by Deutsche Bank

Stock Name: Global Logistic
Company Name: GLOBAL LOGISTIC PROP LIMITED

Research House: Deutsche Bank

Price Call: BUY

Target Price: 3.10

SINGAPORE (Feb 12): Deutsche Bank has started coverage on Global Logistic Properties with a "buy" call and $3.10 price target.

With its extensive reach in China, Japan and Brazil, "GLP's dominant network across the market, one of its key competitive edges, allows the group to attract demand on a national and global level," Deutsche Bank analysts Joy Wang and Man Chien-Fie wrote in a note.