0620 GMT - Keppel Infrastructure Trust's projected 2026 distribution-per-unit yield of 8.4% keeps CGS International analysts bullish on the business trust's units. Keppel Infrastructure's Australia operations drove growth in its January-September funds from operations, while losses in its European wind farm and South Korean landfill segments weighed. The company's geographical and sector diversification likely supported its funds from operations, say analysts Li Jialin and Lim Siew Khee in a note. They trim their FY 2025-FY 2027 EPS estimates by 0.2%-3.4% to factor in lower contributions from the European and South Korean businesses. CGSI raises its target price to S$0.50 from S$0.47 and maintains its add rating. Units are flat at S$0.47. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
October 30, 2025 02:20 ET (06:20 GMT)
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