Bursa Malaysia Stock Watch

AXREIT - Stronger rental income

kltrader
Publish date: Tue, 17 Apr 2012, 09:41 AM
kltrader
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Axis REIT; Buy; RM2.73
Price Target: RM3.05 (Prev: RM2.75); AXRB MK

1Q12 net profit in line; declares 4.3 sen DPU. Nudged up FY13-14F earnings by 2-4%. Maintain BUY rating; raised TP to RM3.05.

Source: HwangDBS Research - 17 April 2012
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