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Jefferies upgrades Mapletree Commercial Trust, Suntec Reit to 'buy'

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Published Thu, Sep 3, 2020 · 09:50 PM

Singapore

JEFFERIES Singapore has upgraded its recommendation on Mapletree Commercial Trust (MCT) and Suntec Real Estate Investment Trust (Suntec Reit) to "buy" from "hold".

The brokerage has also raised its price target on MCT to S$2.25, up from S$1.45, and increased its price target on Suntec Reit to S$1.70, up from S$1.25 previously.

mapletree commercial trustSuntec ReitS-Reits

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