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<Research>HSBC Research Lifts LINK REIT (00823.HK) TP to $44.6, Rating Buy
Recommend 27 Positive 37 Negative 21 |
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Investors are becoming more positive about the potential inclusion of REITs in the Southbound Trading of Stock Connects, helping to support the valuation of LINK REIT (00823.HK), HSBC Global Research issued a research report saying. In addition, lower borrowing costs and improving traveler spending will help the Company maintain its resilience in DPU. Therefore, the broker raised its FY2026-FY2027 DPU forecasts for the Company by 0.3-1.1%, and lifted its target price from $41.6 to $44.6, with rating kept at Buy. AAStocks Financial News |
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