CGS-CIMB: 22.8% UPSIDE POSSIBLE FOR THIS REIT
Dear readers, Reits by the nature of their structures are normally favored by investors as income plays. Seen in this light, capital appreciation prospect are more conservative than the most of the other stocks trading on the bourse and Reits investors normally accept this fact.
However, CGS-CIMB has just released a 22.8% potential upside “Add” rating with a target price of $0.62 versus the Reit’s current price of $0.505, therefore indicating a potential upside of 22.8%. Well, what is this Reit? And why is the analyst so bullish? Read more about the above at this link now . Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.
However, CGS-CIMB has just released a 22.8% potential upside “Add” rating with a target price of $0.62 versus the Reit’s current price of $0.505, therefore indicating a potential upside of 22.8%. Well, what is this Reit? And why is the analyst so bullish? Read more about the above at this link now . Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.