Friday, June 19, 2015

Capitaland Commercial Trust raised to 'hold' with higher target price of $1.63 by Daiwa

Stock Name: CapitaCom Trust
Company Name: CAPITALAND COMMERCIAL TRUST
Research House: DaiwaPrice Call: HOLDTarget Price: 1.63



SINGAPORE (June 19): Daiwa Capital Markets has raised its recommendation on Capitaland Commercial Trust (CCT) from "underperform" to "hold", as the recent decline in share price makes it no longer overvalued.

However, Daiwa's analyst David Lum, in his June 18 note, has also trimmed his target price on the stock to $1.57 from $1.63 previously, to take into account lower earnings estimates.

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1 comment:

  1. UnknownJuly 30, 2015 at 7:41 PM

    EZION HOLDGS [5ME] market has good movement according to its Singapore stock recommendations
    is CMP 0.895-0.905 TARGET 0.920 0.950 0.990 SL 0.840

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