02-05-2025
DBS Remains a Buy on Mapletree Industrial (MAPIF)
In a report released today, Derek Tan from DBS maintained a Buy rating on Mapletree Industrial (MAPIF – Research Report), with a price target of S$2.60. The company's shares closed last Tuesday at $1.73.
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According to TipRanks, Tan is an analyst with an average return of -2.1% and a 37.50% success rate. Tan covers the Real Estate sector, focusing on stocks such as Capitaland India Trust, Mapletree Industrial, and City Developments.
Currently, the analyst consensus on Mapletree Industrial is a Moderate Buy with an average price target of $1.84.
Based on Mapletree Industrial's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $169.89 million and a net profit of $95.26 million. In comparison, last year the company earned a revenue of $164.23 million and had a net profit of $95.31 million
