<JPM Research> LINK REIT (00823.HK) Leadership Update Suggests Extended Timeline for CEO Search
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2d ago
0mins
Source: aastocks
Leadership Update: LINK REIT announced changes to its interim leadership structure, indicating that the search for a new Group CEO may extend until 2027, with Chair Duncan Owen increasing his support for the Group CFO and CIO.
Market Analysis: JPMorgan released a report maintaining a Neutral outlook on LINK REIT, citing ongoing challenges in rental recovery and high US treasury yields, setting a target price of $38 for the company.
Analyst Views on 00823
Wall Street analysts forecast 00823 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00823 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 34.200
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Current: 34.200
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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.
