Far East Hospitality Trust - Phillip Securities 2024-01-08: Resilient Balance Sheet & Ready To Acquire

Far East Hospitality Trust - Resilient Balance Sheet & Ready To Acquire

Published:
Far East Hospitality Trust (SGX:Q5T) | SGinvestors.ioFar East Hospitality Trust (SGX:Q5T)
  • We initiate coverage on Far East Hospitality Trust with a BUY rating and a target price of S$0.79 based on DDM valuation, COE of 6.5%, and terminal growth of 1.5%. We expect a DPU of S$0.0379 for FY23e and S$0.0395 for FY24e, translating into yields of 5.6% and 5.8% respectively.

About Far East Hospitality Trust (FEHT)

  • - Read this at SGinvestors.io -
  • - Read this at SGinvestors.io -
  • Far East Hospitality Trust's Sponsor, Far East Organization is the largest private property developer in Singapore.

Key Investment Merits

Riding on the leisure recovery.

  • Read more at SGinvestors.io.




Above is the excerpt from report by Phillip Securities Research.
Clients of Phillip Capital may be the first to access the full report in PDF @ https://www.stocksbnb.com/.




Liu Miao Miao Phillip Securities Research | https://www.stocksbnb.com/ 2024-01-08



Price targets by other brokers at Far East Hospitality Trust Target Prices.

Listing of research reports at Far East Hospitality Trust Analyst Reports.

Relevant links:
Far East Hospitality Trust Share Price History,
Far East Hospitality Trust Announcements,
Far East Hospitality Trust Dividends & Corporate Actions,
Far East Hospitality Trust News Articles





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