SINGAPORE (Jan 24): DBS Vickers Securities is reiterating its “buy” rating on Mapletree Industrial Trust (MIT) with a target price of $2.15, after its manager reported what the research house sees as “another excellent quarter” for 3Q18.
See: Mapletree Industrial Trust posts 1.8% increase in 3Q DPU to 2.88 cents
In a Wednesday report, lead analyst Derek Tan notes positive revenue and net property income (NPI) growth over the latest quarter, with distributable income boosted by a partial quarter contribution from the recent acquisition of a...(click on link for full story on theedgesingapore.com)