Keppel Reit - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/05/16	UOB Kay Hian	Keppel Reit	0.935	1.22	Buy	DDM
01/08/16	DBS Vickers	Keppel Reit	0.92	1.12	Buy	DCF
01/14/16	Kim Eng	Keppel Reit	0.91	0.88	Hold	Yield 7.25%
01/18/16	Lim & Tan	Keppel Reit	0.895	0	Hold
01/19/16	CIMB	Keppel Reit	0.88	1.08	Add	DDM
01/19/16	Credit Suisse	Keppel Reit	0.88	0.95	Neutral
01/19/16	DIR	Keppel Reit	0.88	0.9	Hold	DDM
01/19/16	DMG & Partners	Keppel Reit	0.88	0.83	Neutral	DDM
01/20/16	Jefferies	Keppel Reit	0.9	1.25	Buy
01/26/16	Deutsche	Keppel Reit	0.88	1	Hold
02/25/16	Deutsche	Keppel Reit	0.92	1	Hold
02/25/16	JP Morgan	Keppel Reit	0.92	0.85	Underweight
02/29/16	UOB Kay Hian	Keppel Reit	0.935	1.22	Buy	DDM
03/07/16	CIMB	Keppel Reit	0.975	1.08	Add
03/14/16	DIR	Keppel Reit	0.99	0.88	Underperform	DDM
03/17/16	DMG & Partners	Keppel Reit	0.995	0.83	Neutral	DDM
03/24/16	Deutsche	Keppel Reit	0.99	1	Hold
03/28/16	UOB Kay Hian	Keppel Reit	1	1.22	Buy
04/05/16	Deutsche	Keppel Reit	0.975	1	Hold
04/13/16	Kim Eng	Keppel Reit	1	0.97	Hold	Yield 6.75%
04/15/16	CIMB	Keppel Reit	1.005	1.08	Add	DDM
04/15/16	Credit Suisse	Keppel Reit	1.005	0.95	Neutral
04/15/16	DBS Vickers	Keppel Reit	1.005	1.11	Buy	DCF
04/15/16	DIR	Keppel Reit	1.005	0.88	Underperform	DDM
04/15/16	DMG & Partners	Keppel Reit	1.005	0.83	Neutral	DDM
04/15/16	UOB Kay Hian	Keppel Reit	1.005	1.22	Buy
04/18/16	Lim & Tan	Keppel Reit	1.01	0	Hold
05/03/16	UOB Kay Hian	Keppel Reit	1.05	1.22	Buy
05/17/16	CIMB	Keppel Reit	1.04	1.08	Add
05/17/16	Deutsche	Keppel Reit	1.04	1	Hold
05/17/16	Kim Eng	Keppel Reit	1.04	0.97	Hold
06/07/16	Credit Suisse	Keppel Reit	1.05	0.95	Neutral
06/23/16	JP Morgan	Keppel Reit	1.045	0.95	Underweight
06/23/16	Kim Eng	Keppel Reit	1.045	0.97	Hold
07/04/16	DMG & Partners	Keppel Reit	1.05	0.83	Neutral
07/08/16	UOB Kay Hian	Keppel Reit	1.07	1.22	Buy
07/18/16	UOB Kay Hian	Keppel Reit	1.075	1.31	Buy	DDM
07/19/16	Credit Suisse	Keppel Reit	1.095	1	Neutral
07/19/16	JP Morgan	Keppel Reit	1.095	1	Underweight
07/20/16	CIMB	Keppel Reit	1.08	1.14	Add
07/20/16	DBS Vickers	Keppel Reit	1.08	1.26	Buy
07/20/16	DIR	Keppel Reit	1.08	0.92	Underperform	DDM
07/20/16	Kim Eng	Keppel Reit	1.08	1.05	Hold	Yield 6.25%
07/20/16	Lim & Tan	Keppel Reit	1.08	0	Hold
07/26/16	Deutsche	Keppel Reit	1.07	1	Hold
08/01/16	UOB Kay Hian	Keppel Reit	1.065	1.31	Buy
08/16/16	DBS Vickers	Keppel Reit	1.06	1.26	Buy
09/05/16	DBS Vickers	Keppel Reit	1.085	1.26	Buy
09/07/16	Credit Suisse	Keppel Reit	1.135	1	Neutral
09/09/16	Kim Eng	Keppel Reit	1.125	1.21	Buy
10/14/16	DIR	Keppel Reit	1.115	0.92	Underperform
10/19/16	CIMB	Keppel Reit	1.115	1.14	Hold	DDM
10/19/16	DBS Vickers	Keppel Reit	1.115	1.23	Buy	DCF
10/19/16	DIR	Keppel Reit	1.115	0.95	Underperform	DDM
10/19/16	JP Morgan	Keppel Reit	1.115	1.2	Overweight
10/19/16	Kim Eng	Keppel Reit	1.115	1.21	Buy	Yield 5.25%
10/19/16	UOB Kay Hian	Keppel Reit	1.115	1.31	Buy	DDM
11/08/16	DBS Vickers	Keppel Reit	1.075	1.23	Buy
11/16/16	Deutsche	Keppel Reit	1.025	1	Hold
11/16/16	JP Morgan	Keppel Reit	1.025	1.15	Overweight
11/18/16	Kim Eng	Keppel Reit	1.065	1.21	Buy
12/05/16	DMG & Partners	Keppel Reit	1.05	0.99	Neutral
12/06/16	Kim Eng	Keppel Reit	1.06	1.21	Buy
12/07/16	Deutsche	Keppel Reit	1.05	1	Hold
12/09/16	UOB Kay Hian	Keppel Reit	1.05	1.21	Buy
12/12/16	JP Morgan	Keppel Reit	1.055	1.15	Overweight
01/09/17	DBS Vickers	Keppel Reit	1.05	1.23	Buy	DCF
01/09/17	Morgan Stanley	Keppel Reit	1.05	0.9	Underweight
01/11/17	Kim Eng	Keppel Reit	1.055	1.21	Buy
01/25/17	CIMB	Keppel Reit	1.045	1.03	Hold	DDM
01/25/17	Credit Suisse	Keppel Reit	1.045	0.97	Neutral
01/25/17	DIR	Keppel Reit	1.045	0.95	Underperform	DDM
01/25/17	DMG & Partners	Keppel Reit	1.045	0.99	Neutral	DDM
01/25/17	Kim Eng	Keppel Reit	1.045	1.18	Buy
01/25/17	Religare	Keppel Reit	1.045	1.02	Hold
01/25/17	UOB Kay Hian	Keppel Reit	1.045	1.21	Buy	DDM
02/07/17	DIR	Keppel Reit	1.19	0.92	Underperform	DDM
02/09/17	Credit Suisse	Keppel Reit	1.02	1	Neutral
02/17/17	JP Morgan	Keppel Reit	1.015	1.15	Overweight
02/28/17	Deutsche	Keppel Reit	1.025	1	Hold
03/07/17	UOB Kay Hian	Keppel Reit	1.02	1.21	Buy
03/10/17	DMG & Partners	Keppel Reit	1.01	0.99	Neutral
03/17/17	DBS Vickers	Keppel Reit	1.015	1.23	Buy
04/07/17	DMG & Partners	Keppel Reit	1.055	0.99	Neutral	DDM
04/11/17	UOB Kay Hian	Keppel Reit	1.055	1.21	Buy
04/18/17	DIR	Keppel Reit	1.055	0.92	Underperform	DDM
04/18/17	Kim Eng	Keppel Reit	1.055	1.18	Buy	Yield 5.25%
04/20/17	CIMB	Keppel Reit	1.07	1.09	Hold	DDM
04/21/17	DIR	Keppel Reit	1.05	0.94	Underperform	DDM
05/18/17	DBS Vickers	Keppel Reit	1.065	1.23	Buy
05/18/17	Deutsche	Keppel Reit	1.065	1.1	Hold
05/25/17	UOB Kay Hian	Keppel Reit	1.095	1.3	Buy
06/12/17	DBS Vickers	Keppel Reit	1.14	1.23	Buy
06/22/17	Deutsche	Keppel Reit	1.145	1.1	Hold
06/22/17	OCBC	Keppel Reit	1.145	1.23	Buy
07/03/17	DIR	Keppel Reit	1.145	0.98	Underperform	DDM
07/11/17	Kim Eng	Keppel Reit	1.15	1.18	Buy
07/12/17	DMG & Partners	Keppel Reit	1.16	0.99	Neutral
07/19/17	UOB Kay Hian	Keppel Reit	1.17	1.3	Buy	DDM
07/19/17	DMG & Partners	Keppel Reit	1.17	1.05	Neutral	DDM
07/19/17	Credit Suisse	Keppel Reit	1.17	0.97	Underperform
07/19/17	CIMB	Keppel Reit	1.17	1.16	Hold	DDM
07/19/17	Kim Eng	Keppel Reit	1.17	1.18	Hold
07/19/17	DBS Vickers	Keppel Reit	1.17	1.23	Buy	DCF
08/01/17	DBS Vickers	Keppel Reit	1.16	1.23	Buy
09/21/17	DMG & Partners	Keppel Reit	1.175	1.05	Neutral
09/25/17	Kim Eng	Keppel Reit	1.165	1.18	Hold
10/19/17	DMG & Partners	Keppel Reit	1.195	1.05	Neutral
10/19/17	DBS Vickers	Keppel Reit	1.195	1.28	Buy	DCF
10/19/17	DIR	Keppel Reit	1.195	0.98	Underperform	DDM
10/19/17	UOB Kay Hian	Keppel Reit	1.195	1.3	Buy	DDM
10/19/17	CIMB	Keppel Reit	1.195	1.2	Hold	DDM
11/03/17	Morgan Stanley	Keppel Reit	1.175	0.95	Underweight	Target Yield 6.5%
11/28/17	Macquarie	Keppel Reit	1.25	1.3	Outperform
12/01/17	UOB Kay Hian	Keppel Reit	1.26	1.43	Buy
12/18/17	DBS Vickers	Keppel Reit	1.25	1.39	Buy
12/18/17	Kim Eng	Keppel Reit	1.25	1.19	Hold	Target yield 5.25%, Up from $1.16
01/04/18	Deutsche	Keppel Reit	1.27	1.25	Hold
01/05/18	DMG & Partners	Keppel Reit	1.27	1.05	Neutral