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 Frasers Property (FSRPF – Research Report) with bullish sentiments.
CapitaLand Ascendas REIT (ACDSF)
DBS analyst Dale Lai maintained a Buy rating on CapitaLand Ascendas REIT on November 17 and set a price target of S$3.40. The company’s shares closed last Monday at $2.05.
According to TipRanks.com, Lai is ranked #7820 out of 8631 analysts.
Currently, the analyst consensus on CapitaLand Ascendas REIT is a Strong Buy with an average price target of $2.44.
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Frasers Property (FSRPF)
DBS analyst Rachel Tan maintained a Buy rating on Frasers Property on November 16 and set a price target of S$1.20. The company’s shares closed last Thursday at $0.60.
According to TipRanks.com, Tan is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of
Currently, the analyst consensus on Frasers Property is a Moderate Buy with an average price target of $0.84, representing a 41.2% upside. In a report issued on November 15, J.P. Morgan also maintained a Buy rating on the stock with a S$1.05 price target.
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