Brokers' take
Hutchison Port Holdings Trust | Hold
July 23 close: US$0.62
Target price: US$0.65
DBS Group Research, July 23
Interim dividend of HK 15.7 cents compared to HK 18.7 cents last year, in line with expectations.
Earnings could see modest improvement but the restart of its capex programme means dividend payout will remain subdued for now.
Maintain "hold" for its more than 7 per cent dividend yield.
CapitaLand Mall Trust | Sell
July 23 close: S$2.13
Target price: S$1.96
Maybank Kim Eng Research, July 22
Even though we were the most bearish on the Street, Q2 results were slightly short of our expectations and certainly below co…
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