Stock Name: CapitaLand
Company Name: CAPITALAND LIMITED
Stock Name: Frasers Cpt
Company Name: FRASERS CENTREPOINT LIMITED
Company Name: CAPITALAND LIMITED
| Research House: DBS Vickers | Price Call: BUY | Target Price: 3.88 |
Stock Name: Frasers Cpt
Company Name: FRASERS CENTREPOINT LIMITED
| Research House: DBS Vickers | Price Call: BUY | Target Price: 2.02 |
SINGAPORE (Mar 17): CapitaLand and Frasers Centrepoint are DBS Group Research's top picks for property stocks, as the research house said the two companies have already de-risked a substantial portion of their residential exposure and catalysts from re-cycling activities through potential asset divestments.
DBS has a 'buy' call on both stocks, and a target price of $3.88 and $2.02 on CapitaLand and Frasers Centrepoint respectively.
On its outlook for the property sector, DBS expects a further erosion in investment demand going forward.
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