Analysts raise target prices for Keppel DC Reit as unit price climbs

Singapore

DBS Group Research, OCBC Investment Research and CGS-CIMB have increased their target prices for Keppel DC Reit, as they attempt to keep pace with the real estate investment trust's (Reit) rise this year.

OCBC on Wednesday raised its fair value for the stock to S$2.86 from S$2.54, while DBS analysts Dale Lai and Derek Tan raised their price target to S$2.80 from S$2.55.

CGS-CIMB analysts Eing Kar Mei and Lock Mun Yee on Tuesday raised their target price to S$2.88 from S$2.17.

All three research teams maintained their …

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