There’s a lot to be optimistic about in the NA sector as 2 analysts just weighed in on CapitaLand Ascendas REIT (ACDSF – Research Report) and CapitaLand Mall (CPAMF – Research Report) with bullish sentiments.
CapitaLand Ascendas REIT (ACDSF)
CGS-CIMB analyst Lock Mun Yee reiterated a Buy rating on CapitaLand Ascendas REIT yesterday and set a price target of S$3.06. The company’s shares closed last Tuesday at $2.05.
According to TipRanks.com, Yee is a 2-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for CapitaLand Ascendas REIT with a $2.45 average price target, representing a 12.9% upside. In a report released yesterday, DBS also maintained a Buy rating on the stock with a S$3.40 price target.
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CapitaLand Mall (CPAMF)
In a report released today, Jonathan Koh from UOB Kay Hian maintained a Buy rating on CapitaLand Mall, with a price target of S$2.20. The company’s shares closed last Thursday at $1.51.
According to TipRanks.com, Koh is ranked #7464 out of 8533 analysts.
CapitaLand Mall has an analyst consensus of Strong Buy, with a price target consensus of $1.75.
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