KUALA LUMPUR: CIMB Equities Research is maintaining its Hold recommendation for KLCC Properties (KLCCP) as its outlook remains dry as there are unlikely to be any acquisitions in the near-term.
“We maintain our Hold call on the stock. Our DDM-based target price remains unchanged. For exposure to M-REITs, we prefer Axis REIT,” it said on Tuesday. Its target price was unchanged at RM6.90.
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