DBS Group Research is maintaining its buy on Mapletree Logistics Trust (MLT) with a target price of $1.15, saying the REIT remains attractive for its steady DPU growth profile of 2-3% driven by an actively managed
portfolio and regular asset acquisitions.
We see MLT remaining on a growth path. Buy maintained, yield of 7.0-7.1% is attractive for a strong quality name, says analyst Derek Tan in a Tuesday report.
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