Stock calls for 21 May 2025

Date	Analyst	Company	Last	Target	Call	Valuation
05/21/25	UOB Kay Hian	A-Reit	2.58	3.51	Buy	DDM
05/21/25	UOB Kay Hian	ART	0.86	1.38	Buy	DDM
05/21/25	Uob Kay Hian	Capitaland Integrated Commercial Trust	2.05	2.37	Buy	DDM
05/21/25	Phillip	Centurion	1.34	1.45	Accumulate	DCF & EV/Ebitda9.2x FY25
05/21/25	Lim & Tan	City Developments	4.73	5.91	Accumulate
05/21/25	DBS Vickers	Delfi	0.71	0.8	Hold
05/21/25	Lim & Tan	Delfi	0.71	0.83	Accumulate on weakness
05/21/25	UOB Kay Hian	Digicore Reit	0.515	0.88	Buy	DDM
05/21/25	UOB Kay Hian	Frasers Centrepoint Trust	2.19	2.73	Buy	DDM
05/21/25	DBS Vickers	Frencken	1.14	1.48	Buy	PER15x FY25
05/21/25	UOB Kay Hian	Keppel DC Reit	2.14	2.55	Buy	DDM
05/21/25	UOB Kay Hian	Keppel Reit	0.855	1.06	Buy	DDM
05/21/25	UOB Kay Hian	Lendlease Reit	0.49	0.72	Buy	DDM
05/21/25	UOB Kay Hian	Mapletree Commercial	1.18	1.62	Buy	DDM
05/21/25	UOB Kay Hian	Mapletree Logistics	1.09	1.31	Hold	DDM
05/21/25	UOB Kay Hian	Parkway Life	4.14	4.85	Buy	DDM
05/21/25	DMG & Partners	SGX	14.11	14.1	Neutral
05/21/25	UOB Kay Hian	Suntec Reit	1.13	1.18	Hold	DDM