0124 GMT - CapitaLand Investment's very cautious guidance for the rest of 2025 could weigh on its share price in the near-to-medium-term, UOB Kay Hian's Adrian Loh says in a research report. At its analysts' briefing, the abundance of the word "caution" was noticeable, the analyst says. Although the company has a strong balance sheet that could enable it to capitalize on market opportunities, the U.S.-China trade war has resulted in a hesitancy in transactions, the analyst adds. The real-estate manager said it'll push such deals out into 3Q and beyond and has relooked at pricing of current deals. The brokerage lowers the stock's target price to S$3.42 from S$3.95 and keeps a buy rating. Shares are unchanged at S$2.55. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
May 06, 2025 21:24 ET (01:24 GMT)
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