PETALING JAYA: Citigroup Global Markets research has set a target price of RM4.72 for KLCC Property Holdings Bhd (KLCCP) based on its revised net asset value (RNAV).
The research house said the stock offered investors the best exposure to the prime office and retail and hotel sector in Kuala Lumpur, adding that KLCCP was a core holding. It offered investors a secure, steady earnings stream from its commercial investment property and dividend was sustainable.
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