CapitaLand Investment's Cautious Guidance Could Weigh on Share Price

Dow Jones05-07

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)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment