CIMB Research maintains IGB REIT target price at RM1.59

  • Business Premium
  • Wednesday, 31 Jul 2013

KUALA LUMPUR: CIMB Equities Research is maintaining its target price of RM1.59 for IGB Real Estate Investment Trust (REIT) after its financial results for the first half ended June 30, 2013 (H1, 2013) were within expectations.

It said on Wednesday that H1, 2013 core net profit was at 51% of its full-year forecast and 49% of consensus estimates.

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