DBS Reaffirms Their Buy Rating on Keppel DC REIT (KPDCF)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 17 2025
0mins
Source: Business Insider
Analyst Ratings: DBS analyst Dale Lai has maintained a Buy rating on Keppel DC REIT with a price target of S$2.50, while the stock currently trades at $2.20; Goldman Sachs also upgraded it to Buy with a S$2.57 target.
Financial Performance: Keppel DC REIT reported a quarterly revenue of $78.59 million and a net profit of $56.34 million, showing a decline compared to last year's earnings, but insider sentiment remains positive with increased buying activity.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
