RHB Bank Singapore analyst Alfie Yeo has increased his target price on Centurion Corporationto $1.43 from $1.06 as he believes the company will see higher earnings this year stemming from higher bed capacities and higher rates.
Yeo, who kept his "buy" call, sees Centurion as a beneficiary of the higher purpose-built workers accommodation (PBWA) rental rates in Singapore, due to construction demand remaining buoyant.
"We believe this will support demand for foreign worker beds and dormitory bed rates," Yeo writes in his April 29 report.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。