In a report released today, Geraldine Wong from DBS maintained a Buy rating on Frasers Centrepoint, with a price target of S$2.75. The company’s shares closed last Monday at $1.73.
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According to TipRanks, Wong is a 3-star analyst with an average return of 2.6% and a 61.11% success rate. Wong covers the Real Estate sector, focusing on stocks such as Mapletree Logistics, Frasers Centrepoint, and Mapletree Commercial.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Frasers Centrepoint with a $2.04 average price target, implying a 18.26% upside from current levels. In a report released on July 15, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a S$2.50 price target.
The company has a one-year high of $2.21 and a one-year low of $1.17. Currently, Frasers Centrepoint has an average volume of 941.
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