Keppel DC REIT started at 'neutral' with 99 cents target price by Goldman Sachs

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

Research House: Golman Sachs

Price Call: HOLD

Target Price: 0.99

SINGAPORE (Jan 14): Goldman Sachs is initiating coverage of Keppel DC REIT with a "neutral" call as it sees the stock as fairly valued with a target price of 99 cents, implying an upside potential of just 2%.

In a Jan 13 report led by analyst Paul Lian, Goldman Sachs expects FY16 DPU growth of 4.6% for the REIT given its well-located hubs to tap a large customer pool, growing global demand for third-party data centres, and a balanced mix of leases.

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.

Keppel DC REIT started at "outperform", $1.10 target by Credit Suisse

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

Research House: Credit Suisse

Price Call: BUY

Target Price: 1.10

SINGAPORE (Jan 13): Credit Suisse has started coverage on Keppel DC REIT with an "outperform" rating and a price target of $1.10.

The REIT, which owns eight data centres in Singapore, Australia, Malaysia, the UK, the Netherlands and Ireland, is a proxy to growing data usage worldwide and will benefit from rising demand for data centres, Credit Suisse analysts Yvonne Voon and Daniel Lim wrote in a note today.