
2022-08-01 13:46:07
OCBC keeps ‘buy’ on CLCT with lowered TP of $1.30
OCBC Investment Research analyst Chu Peng has kept a “buy” rating on Capitaland China Trust (CLCT) with a lowered fair value estimate of $1.30 from $1.40.During the 1HFY2022 ended June, CLCT’s revenue rose 12.7% y-o-y to $199.3 million while net property income (NPI) increased 15.9% y-o-y to $...