DBS is keeping up a "purchase" call with an objective cost of $2.47 for Global Logistic Properties (GLP), given its stellar 1H results and market theory of a conceivable takeover.
Lead expert Rachel Tan notes that the organization posted a 36% hop in income barring revaluation increases and coincidental things.
While the outcomes were in accordance with evaluations, Tan notes that the expansion was driven by higher rental wage and administration charges from Japan and US.
These Stock movable in SGX Market :
- CityDev
- Singtel
- ST Eng
- AHT
- FEHT
Our Stock Recommendation-
- SGX INTRADAY SIGNAL:BUY NOBLE AT 0.191 TARGET 0.198, 0.205 SL 0.184 …....
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