SGX:F17Real Estate
Assessing GuocoLand (SGX:F17)’s Valuation After DBS Research’s Upbeat Call on Singapore Developers
DBS Research just turned more upbeat on Singapore developers, lifting sector valuations and putting fresh attention on GuocoLand (SGX:F17), even though the stock itself ended flat at S$2.02 after the call.
See our latest analysis for GuocoLand.
The upbeat call lands on top of a strong run, with GuocoLand’s share price return up sharply year to date and its one year total shareholder return above 50 percent, suggesting momentum is still building rather than fading.
If this renewed interest in...